LG Electronics India surges 8.62% to record high

LG Electronics India jumped 8.62% to Rs 1,836, hitting a fresh all-time high. Key support stands at Rs 1,588 as bullish momentum strengthens. LG Electronics India [

] shares surged up to 8.62% in morning trade on 5 November 2026 amid the company's Q2 numbers, reflecting strong buying interest in the counter. The rally pushed the stock to a fresh all-time high of Rs 1,836, marking a significant breakout from its recent trading range. From a technical perspective, the stock has witnessed a sharp recovery after facing selling pressure in the previous sessions. Today's strong upward move indicates renewed bullish momentum, with buyers firmly dominating the price action. The stock's previous consolidation and subsequent sharp upward move suggest that the positive momentum could continue in the near term. However, Rs 1,836 will remain an important level to watch following today's record high. On the downside, Rs 1,588 is the key support level. Sustaining above this level will be important for maintaining the bullish structure. A sustained move above the all-time high of Rs 1,836 could further strengthen the upward momentum. The overall technical stance remains bullish. Rationale: L&G India opened with a strong bullish bias and surged up to 8.62%, hitting a fresh all-time high of Rs 1,836. The sharp rally indicates strong buying momentum following the Q2 update. The bullish stance remains intact, with Rs 1,588 acting as key support. A sustained breakout above Rs 1,836 could open room for further upside. Disclaimer: Investments in securities are subject to market risk. This is for informational purposes only. Investors must verify information before investing and consider their financial position & risk profile.