AGI Greenpac Limited
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AGI GREENPAC LIMITED (AGI) — FALLING WEDGE BREAKOUT | 4H | NSE

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AGI has been trading inside a well-defined descending/falling wedge since the December 2024 swing high near ₹1,307.90, with lower highs and lower lows compressing into a narrowing range — a classic bullish reversal structure.

Key observations:

Price recently broke out above the upper trendline of the wedge near the ₹748 breakout zone, closing at ₹752.60 (+1.20%).
The breakout is accompanied by a shift in structure, with price reclaiming the descending resistance line that had capped rallies since early 2025.
Volume/price action around the breakout zone will be key to confirming follow-through.

Trade setup:

  • Breakout level: ₹748
  • Stop Loss: ₹650 (below wedge support / recent swing low)
  • Target 1 (T1): ₹845
  • Target 2 (T2): ₹895.75


Risk-Reward: Roughly favorable, with T1 offering ~1.9:1 and T2 offering ~2.9:1 reward relative to the stop, based on entry near breakout.

Invalidation: A daily/4H close back below ₹650 would invalidate the bullish wedge breakout thesis and suggest continuation of the broader downtrend.

Not financial advice — this is a technical structure observation for educational/idea-sharing purposes. Please do your own due diligence before trading.
交易开始
Educational Target 1 is closed and Target 2 is always on TSL

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