CMP: ₹1625.00 | Eyeing Breakout Above Resistance
is testing a major supply zone near ₹1625–₹1630. Strong bounce from ₹1590 with rising volumes and bullish RSI momentum suggests accumulation. A breakout above ₹1630 on closing basis can trigger upside toward ₹1655–₹1670. The 50 EMA crossover confirms near-term bullish bias. Ideal for momentum traders with SL near ₹1610. Watch for confirmation on volume surge.
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