DISCLAIMER –
DEEPAKNTR, price is trading above key short- and medium-term moving averages with positive crossover signals, indicating a strengthening uptrend bias. Momentum indicators like RSI and MACD are in bullish territory, confirming buying strength rather than mere short-covering. ADX above 25 with bullish readings shows a trending move where dips are likely to be bought rather than aggressively sold. As long as the price holds above recent support and rising moving averages, the technical structure favours a buy-on-dips approach for positional traders.
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