New Delhi, Oct. 19 -- Platinum Industries share price jumped nearly 14% on Monday, 19 October, as the stock witnessed strong buying interest and a sharp improvement in trading volumes. The rally comes as investors track the company's expansion plans and await further progress on its new manufacturing facilities.

Rajesh Bhosale, Technical Analyst at My Advisor Alpha, said the stock witnessed strong price and volume action during Monday's session. He noted that the shares had crossed above their 20-day, 50-day and 200-day exponential moving averages (DEMA) in a single session, signalling improving technical momentum.

"The positive momentum can extend in the near term, with the next resistance placed around Rs.250. On the flip side, the 50...