FMGOETZE

328
Important levels at CMP ₹535
Level Interpretation
₹535 Current CMP / breakout extension
₹525–530 Immediate support
₹510–515 Strong breakout-retest zone
₹500 Major psychological + technical support
₹490 Previous breakout resistance → important support
₹550 First major upside target
₹565–575 Major target / previous high zone
₹577.40 52-week high

FMGOETZE – Strong Bullish Breakout | Momentum Continuation Setup 🚀

FMGOETZE has entered a strong bullish momentum phase after breaking above the previous ₹488–₹500 resistance zone.

The breakout has been supported by improving price momentum and increasing volume, indicating participation from buyers. The stock has now moved into a breakout-extension phase, with the ₹510–₹515 zone acting as an important breakout-retest support area.

🔥 Key Levels

CMP: ₹535*
Breakout Zone: ₹488–₹500
Immediate Support: ₹525–₹530
Strong Support: ₹510–₹515
Major Support: ₹500
Target 1: ₹550
Target 2: ₹565
Target 3: ₹577–₹580
Major Resistance: ₹577–₹580

📈 Technical View

The structure remains bullish above ₹510–₹515.

A sustained move above ₹550 can open the path toward the previous ₹577.40 52-week high. A decisive breakout above ₹577 with strong volume could signal a new higher-high formation.

However, after the sharp move from the ₹480–₹490 area, traders should avoid chasing an extended candle. A successful retest of ₹515–₹525 would provide a technically cleaner continuation setup.

Disclaimer: This is a technical-analysis view, not a buy/sell recommendation. Traders should confirm the breakout with price closing strength, volume and risk management.
Operación activa
14% up from entry
Operación cerrada: objetivo alcanzado
537 to 640 , good move around 20% returns

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.