weekly chart of Tribhovandas Bhimji Zaveri Ltd. (TBZ)

TBZ’s weekly chart is strongly bullish, with the stock breaking above the long-term resistance/trendline around ₹350–365 on exceptionally high volume, which confirms strong buying momentum; the current price near ₹418 and weekly high of ₹430 indicate that buyers are firmly in control, with ₹430 acting as the immediate resistance and a sustained breakout above it potentially opening ₹450, ₹475 and ₹500 levels. However, the stock has moved almost 39% in one week, making it highly extended/overbought, so chasing at ₹418–430 carries high risk; a healthy pullback toward ₹360–375 followed by support would provide a much better risk-reward entry, while a decisive fall below ₹350 would weaken the breakout structure. Overall, the trend remains very bullish, but patience for a pullback is preferable to fresh aggressive buying at the current level.