top
Mishra Dhatu Nigam (D): MASSIVE DUAL BREAKOUT
Timeframe: Daily | Scale: Linear Explosive +13.60% surge today backed by a massive 36.38M volume spike! 🔥 Technical Highlights: ✅ Dual Breakout: Cleared & closed above long-term angular resistance (Feb '24) & short-term horizontal resistance (Jun '26). ✅ Volume Reversal: Increasing accumulation observed over recent days. ✅ Momentum: Short-term EMAs in positive crossover across Daily, Weekly & Monthly. MACD & RSI rising on all timeframes. 🚀 Key Levels to Watch: 🎯 Target: 510 🛡️ Support / Profit Booking: 450 (Previous resistance turned support) Given the sheer velocity of the single-day gain, keep a close eye out for potential profit booking in the coming sessions! 📈 Are you tracking setups across the defense basket? Share your perspective below! 👇
Read full article on Tradingview