CarTrade Tech jumps 8% and nears 3,254 to 3,291 resistance

CarTrade Tech closed up 8.14% at Rs 3,191.30 with resistance at 3,254 to 3,291 and support at 2,739 and 2,635. CarTrade Tech Limited [

] rose 8.14% on 12 October 2026 and closed at Rs 3,191.30, near the day high of Rs 3,253.20. It opened at Rs 2,970. The resistance zone of Rs 3,254 to Rs 3,291 includes the all time high of Rs 3,290.50. The stock is up nearly 100% from its April 2026 low near Rs 1,600. On the weekly chart, the stock built a long base below Rs 1,000 from 2022 to 2024. It rallied to a peak in November 2025 and fell back to Rs 1,600. Since July it has moved between support near Rs 2,739 and resistance near Rs 3,254. I found no confirmed news behind today’s move, so I read this as price driven. My view is constructive. A close near the day high shows buyers stayed active. I am watching the Rs 3,254 to Rs 3,291 zone. A weekly close above Rs 3,291 would mark a fresh all time high. Failure there could form a double top. A weekly close below Rs 2,739 would change my mind, with Rs 2,635 next. I stay positive while Rs 2,739 holds. Disclouser: I do not hold any position in this stock. This is not a recommendation to buy or sell. Investments in securities markets are subject to market risks. Read all related documents carefully before investing.