Post
manan14
Intraday Stockbusters
#CUPID – Technical Analysis Update |
Cupid Ltd is catching attention with a strong bullish breakout, now trading around 125.50, just 0.4% away from its 52-week high — a gain of 125%+ from its 52-week low.
Technical Analysis Snapshot:
✅ Trend: Very Bullish across daily, weekly, monthly charts.
✅ Moving Averages: Trading above all key SMAs — 5, 10, 20, 50, 100, 200-day —> clear strength.
✅ Momentum Indicators:
RSI: 80.15 —> Overbought but signals strength.
MACD: Positive crossover —> bullish momentum intact.
Stochastic: 98.26 —> Overbought but trending.
ROC & CCI: Both bullish confirming price strength.
ADX: 35.73 —> Strong trend signal.
✅ Volume & Volatility: Surging volumes with high ATR — expect active price movement.
📈 Price Action: The stock has cleanly broken multiple resistance levels with strong volume backing a classic case for momentum traders...!
⚠️ Valuation Alert: With a P/E of 81.9, valuations are steep, and some caution is warranted, especially for long-term investors.
Jul 14 3:24 PM
· View Votes
NSE:CUPID price when posted: 125.42