SHANTIGOLD Breakout Watch Above Rs.245-250

Research preview

Stocks / India SHANTIGOLD Breakout Structure SHANTIGOLD (Shanti Gold International Limited) is being reviewed as a D1 setup, with the market focus around breakout acceptance near Rs.245-250, risk control below Rs.225. SHANTIGOLD is trading near Rs.250.60 after a 8.44% session move. Volume is around 297766 and market value is near Rs.1,773.45 Cr, so the quality of the setup depends on whether price can hold the breakout zone after the first reaction rather than only printing a fast spike. The technical filter is balanced around RSI14 at 78.5, ADX at 46.0, weekly performance of 13.86%, and one-month performance of 16.72%. A cleaner continuation case needs price to stay above the trigger...