One MobiKwik Systems shares rise 14% on 31x volume surge – Will bullish momentum continue? Support, resistance levels

One MobiKwik Systems shares jumped nearly 14% on Tuesday, October 6, amid a sharp increase in trading activity. The stock witnessed a significant surge in volumes compared with its recent averages, while the fintech company’s co-founder Upasana Taku also recently increased her stake through open-market purchases.

The stock climbed as much as 13.7% to ₹229.55 on the BSE. As of 12:09:48 IST, 2,73,20,170 shares had changed hands, which was 30.86 times the average volume over the past week and 21.68 times the average volume over the past two weeks.

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