Warning-
On the technical front, RSI is currently hovering around 55–60 levels, which reflects a healthy bullish zone without overbought pressure, leaving scope for further upside continuation . This type of RSI structure generally supports trend continuation rather than reversal.
Looking at momentum indicators, MACD is in a positive zone with bullish bias, indicating strengthening momentum and potential continuation of the upmove . Although stochastic indicators are slightly elevated, they mainly signal strong momentum rather than immediate reversal.
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