ROUTE presents a compelling buy-side technical opportunity consolidating above key pivot support near ₹1,650 with bullish moving averages alignment across short-term EMAs confirming uptrend resilience post recent correction from ₹1,780 highs. RSI neutral around 52 reflects healthy momentum buildup without overbought extremes, complemented by positive MACD crossover signaling renewed buying conviction near strong S1 ₹1,620 zone. Higher lows formation creates favorable risk-reward setup—attractive long entry targeting R1 ₹1,720/R2 ₹1,780 resistance with tight stops below S2 ₹1,600 for optimal upside capture in this fast-growing logistics technology leader.Warning-
Disclaimer– Registration granted by SEBI, membership of a SEBI recognized supervisory body (BSE) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Disclosure– Investments in securities market are subject to market risks, read all the related documents carefully before investing.