Indegene — Breakout Setup
Indegene is approaching a key resistance zone around ₹615–₹616 after a strong recovery and consolidation near the highs.
📈 Price is testing the previous swing high, with the latest move supported by a noticeable volume expansion.
Buy above ₹616 with sustained breakout and volume confirmation.
🎯 Targets: ₹630 → ₹645 → ₹660
🛑 SL: ₹595
A successful breakout followed by a retest of ₹615–₹616 can offer a better risk-defined entry.
Key trigger: ₹616 + volume confirmation.
Avoid chasing if price gets rejected and falls back into the range.
Indegene is approaching a key resistance zone around ₹615–₹616 after a strong recovery and consolidation near the highs.
📈 Price is testing the previous swing high, with the latest move supported by a noticeable volume expansion.
Buy above ₹616 with sustained breakout and volume confirmation.
🎯 Targets: ₹630 → ₹645 → ₹660
🛑 SL: ₹595
A successful breakout followed by a retest of ₹615–₹616 can offer a better risk-defined entry.
Key trigger: ₹616 + volume confirmation.
Avoid chasing if price gets rejected and falls back into the range.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.