200 EMA Support + 9/21 Crossover... V-MARC Ready For The Next Leg?

Hello everyone, i hope you all will be doing good in your life and your trading as well. Let's discuss about a stock which has shown some good strength from lower levels. Stock name is V-Marc India is a company I have been watching recently, mainly because the business growth and the technical setup are starting to come together. For those who don't know, V-Marc India operates in the wires and cables segment, manufacturing different types of insulated wires and cables for electrical applications. What caught my attention is that the business has been growing strongly. The latest quarter showed around 556 Cr sales and 29 Cr net profit , while FY26 sales reached around 1,797 Cr with net profit near 99 Cr. Now coming to the chart 👇 Technically, I'm watching a few important things: 200 EMA support has been tested and price has managed to hold above it. The 9/21 EMA bullish crossover is giving a short term positive signal. There is also a bullish RSI divergence visible around the recent correction. Volume picked up when price was defending the support area, which is another thing I liked in this setup. The 340–345 zone is the area I'm watching for accumulation/add-on opportunities. The interesting part for me is that this is not only about a technical bounce. Improving earnings + strong return ratios + a constructive chart makes V-Marc worth keeping on the radar. The company is currently showing ROCE and ROE above 40%, although investors should also keep an eye on borrowing and valuation before taking any long term decision. If the current structure holds, the chart opens up towards the marked 395–405 zone first, followed by 450-460 and the larger positional zone around 520–535 . I'm not expecting the stock to move in a straight line. Pullbacks are normal. For me, the important thing is whether buyers continue to defend the support and maintain the bullish structure. For all important levels, accumulation zone, targets and invalidation, watch the chart above. Is V-Marc setting up for its next leg higher, or is this just another short term bounce? Let me know your view in the comments. If you liked the analysis, Boost it and Follow for more Indian market setups. Disclaimer: This is my personal market view for educational purposes only. Please do your own research before taking any investment or trading decision. Technical levels can fail and markets involve risk. By— @TraderRahulPal