closed near ₹3,647 (+2.4%), breaking above short-term resistance at ₹3,600 with rising volumes. Price now trades above 21-EMA (₹3,500); RSI at 65.5 reflects strong bullish momentum. Resistance: ₹3,720–₹3,800 | Support: ₹3,500–₹3,450. A decisive close above ₹3,800 could lead to a rally toward ₹4,000+ in the near term. Fundamental View: Strong momentum in SUV and tractor sales, improving export outlook, and robust cash flows. Focus on EV launches and leadership in the farm segment. FY25E ROE ~17%, EPS growth ~15%, trading at ~22x PE — fair for sector leader. 🎯 Target: ₹4,000 (+10%) 🛑 Stop-Loss: ₹3,480 📊 Bias: Bullish – trend strength improving with volume confirmation.

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