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Vivek kumar

24th Sep · SEBI Registration INH000021915

Vijaya Diagnostic Centre breaks above ₹1,550 resistance!

Vijaya Diagnostic Centre breaks above ₹1,550 resistance Vijaya Diagnostic Centre Limited (NSE: VIJAYA) is trading around ₹1,570.70 after breaking above the crucial ₹1,550 resistance zone and moving into fresh all-time-high territory. The breakout follows a period of consolidation and is supported by improving trading volumes. The stock continues to maintain a higher-high and higher-low structure and is trading above its key moving averages. RSI is holding above 60, indicating that short-term momentum has strengthened alongside the price breakout. Why it matters ₹1,550 was the important resistance level. The move above this zone changes the immediate chart structure and makes the previous resistance an important support reference. My view My view is that the breakout needs to sustain above ₹1,550. Holding this zone during any short-term consolidation would provide stronger confirmation of the move.

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