is currently in a strong primary uptrend. After a significant rally in early 2025 the stock underwent a healthy correction and consolidation phase. Recently the price has shown Higher Highs and Higher Lows indicating that the bulls have regained control.
The stock has successfully broken above this resistance with strong momentum currently trading at 2,985.10. This Resistance turned Support level is a very bullish signal.
The volume bars at the bottom show a noticeable spike during the recent upward moves. High volume during a breakout suggests institutional buying and high conviction among investors which validates the move.
Immediate Support 2,820 – 2,800. As long as the stock stays above this zone the bullish outlook remains intact.
Major Resistance The previous psychological peak near 3,150 – 3,200. Once this is crossed the stock enters Blue all-time highs with no immediate overhead resistance.