Fiem Industries on breakout watchlist: Analyst sees momentum

Fiem Industries is showing bullish momentum, forming a double cup pattern backed by rising volume, Analyst Sneha Vasudeo noted. The breakout above ₹1,540 signals fresh upside, with support seen at ₹1,250. RSI remains strong above 70. Mutual fund holdings rose from ₹183 crore in March to ₹277 crore in May, boosting investor confidence.