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Rakesh Madhav CFA

8th Feb · SEBI-Registered Analyst

🧪 Ind-Swift Laboratories: Momentum Revival with Volume Thrust

INDSWFTLAB
has delivered a sharp weekly breakout after a prolonged base formation. The move is backed by strong volumes, hinting at a trend transition from sideways to bullish. 🔍 Technical Setup (Weekly): Breakout above previous supply zone near ₹120–125 Strong bullish candle with above-average weekly volumes Price above EMA (9) → trend reversal confirmation Stochastic RSI in overbought zone, showing strength (not weakness) 📌 Key Levels to Watch: Support: ₹108–112 Resistance: ₹145–160 (next expansion zone) 📊 Fundamental Angle: API and pharma intermediates player Turnaround-focused interest after long consolidation High beta stock → suitable for momentum-focused investors 🧠 View: Trend remains positive, but expect volatility due to sharp price expansion.

#FundamentalViews#TechnicalViews#StockInNews
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