Data Patterns (D): Strongly Bullish, Fundamentally Driven BO

This is a high-conviction breakout event. The stock has decisively broken its 17-month angular resistance, driven by blockbuster quarterly earnings. All indicators are aligned, but the stock now faces its final horizontal resistance, which will determine the next major leg up.

🚀 1. The Fundamental Catalyst (The "Why")
Today's move is not speculative. It is a direct response to record-breaking Q2 2026 earnings:

- Revenue: Surged 238% year-over-year to ₹307.46 crore.
- Net Profit: Grew 62.5% year-over-year to ₹49.19 crore.
- Market Reaction: The gap-up open and +7.56% surge on 6.29 Million in volume confirms massive institutional interest.

📈 2. The Long-Term Context (The Setup)

- The 2024-2025 Correction: After its ATH in July 2024, the stock entered a long-term downtrend.
- The Reversal: This trend found its bottom in March 2025, and the stock began its recovery.
- The Angular Resistance: This recovery was capped by the angular resistance trendline from the July 2024 ATH.
- Drying Volume: Volume was drying up during the consolidation since May 2025—a classic sign of accumulation.

🎯 3. The Dual Resistance Battle

- Part 1 (CLEARED): Today, the stock gapped up and closed decisively above the 17-month angular resistance trendline. This is a significant bullish victory.
- Part 2 (THE NEXT HURDLE): The stock now faces a major horizontal resistance at ₹3,141. This level is the last line of defense for the bears.

📊 4. Confluence of Bullish Indicators
This breakout is supported by a rare "trifecta" of bullish signals across all timeframes:

- EMAs: Short-term Exponential Moving Averages are in a "PCO" (Price Crossover) state on the Daily, Weekly, and Monthly charts.
- RSI: The Relative Strength Index is rising on the Daily, Weekly, and Monthly charts.

This alignment of all three timeframes gives the breakout very high technical validity.

🧠 5. Future Scenarios & Key Levels to Watch

🐂 The Bullish Case (Confirmation)

- Trigger: A decisive, high-volume close above the horizontal resistance at ₹3,141.
- Target: This would confirm the start of a new bull run, and the target of ₹3,445 is the next logical objective.

🐻 The Pullback Case (Healthy Re-test)

- Trigger: If the stock is rejected at ₹3,141 or needs to pause after its big run.
- Support: The price would likely fall to re-test the angular trendline it just broke, at the identified level of ₹2,817. A "bounce" off this level would be a textbook, healthy confirmation of the new support.