has just delivered a strong breakout above a key resistance zone located around the ₹1040 - ₹1060 levels. This horizontal resistance had capped the price multiple times throughout late 2025 and early 2026. The most recent candle is a large bullish marubozu-style candle indicating that buyers are in complete control.
Immediate resistance the next psychological barrier is ₹1120 followed by a historical supply zone at ₹1200. Immediate Support: The breakout level at ₹1040 now acts as the primary support. Strong support ₹960 remains a solid base where the price consolidated before this recent move.
Short-term highly Bullish. The stock has cleared its previous swing highs with high momentum. Medium-term neutral to Bullish. Since the lows of early 2025 around ₹680 the stock has been making higher highs and higher lows confirming a structural uptrend. Bullish scenario if the price sustains above ₹1073 it could quickly test ₹1150+.
Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.