Route Mobile nears key ₹1,200 breakout level; Analyst bullish
Route Mobile may be nearing a reversal after a long downtrend, with key resistance at ₹1,150-1,200. Analyst Rajneesh Sharma highlights bullish OBV and RSI divergences, along with rising volumes. A close above ₹1,200 could confirm a breakout. The stock has dropped 27% YTD but remains fundamentally strong with zero debt and solid cash reserves.