Since the listing of the stock in July 2023, the stock consolidated for some time and the higher high -higher low journey started in the stock from Jan 2024 which lasted till Nov 2024.
A handsome move from 1300 to 3000 levels within a span of 1 year.
The trendline breakdown of this upward journey took place in Jan 2025 resulting in a massive selloff resulting in the stock to correct it almost 75% from its high.
From low in Feb 2025 to Apr 2025, the stock consolidated for almost 3 to 4 months on low volume with a symmetrical triangle formation at bottom.
In may 2025 , there was again a buying interest in the stock with good volumes. May and July 2025 had good breakouts in the stock with reasonable buying interest keeping the price pushing on higher side.
On 08 Sept 2025, the stock covered all its lost ground and just halted above the one year key resistance of 3000 with very good volume reflecting the buying interest in the stock .
If the stock sustains above the level of 3000 for a week or so can further generate the buying interest in the stock.
A handsome move from 1300 to 3000 levels within a span of 1 year.
The trendline breakdown of this upward journey took place in Jan 2025 resulting in a massive selloff resulting in the stock to correct it almost 75% from its high.
From low in Feb 2025 to Apr 2025, the stock consolidated for almost 3 to 4 months on low volume with a symmetrical triangle formation at bottom.
In may 2025 , there was again a buying interest in the stock with good volumes. May and July 2025 had good breakouts in the stock with reasonable buying interest keeping the price pushing on higher side.
On 08 Sept 2025, the stock covered all its lost ground and just halted above the one year key resistance of 3000 with very good volume reflecting the buying interest in the stock .
If the stock sustains above the level of 3000 for a week or so can further generate the buying interest in the stock.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.