The stock has broken out of an ascending triangle pattern after multiple attempts near the Rs 2,740–2,790 zone. Today’s strong candle, supported by volume, confirms bullish momentum.
Pattern: Ascending Triangle Breakout
The price had been consolidating with higher lows and flat resistance for weeks. The breakout now opens the door for fresh upside.
FIS View:
The breakout looks clean with good follow-through. As long as the stock holds above Rs 2,740, the structure remains bullish. We’re keeping this on our radar for further continuation trades, especially if it stays above today’s high.
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