The stock had been forming a round bottom structure, with price gradually recovering from the lower zone around ₹1,320–₹1,340 and building strength over the last few sessions. After this curved recovery, the stock has now moved above the breakout area with a strong bullish candle.
The latest candle closed at approximately ₹1,572.90, showing clear buying momentum. The breakout suggests that buyers have gained control, and the earlier resistance zone may now act as an important support area if the stock sustains above it.
Right Panel: Trade Setup
The right chart highlights the possible levels for the options breakout trade:
Entry/confirmation: Around ₹35.30
Target: ₹43.50
Stop-loss: ₹27.00
The bullish setup remains valid only if the stock sustains above the breakout zone. A fall back below the breakout area may indicate a weak or failed breakout.
The latest candle closed at approximately ₹1,572.90, showing clear buying momentum. The breakout suggests that buyers have gained control, and the earlier resistance zone may now act as an important support area if the stock sustains above it.
Right Panel: Trade Setup
The right chart highlights the possible levels for the options breakout trade:
Entry/confirmation: Around ₹35.30
Target: ₹43.50
Stop-loss: ₹27.00
The bullish setup remains valid only if the stock sustains above the breakout zone. A fall back below the breakout area may indicate a weak or failed breakout.
Trade active
Above the skyGet BTST Toolkit:
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⭐ Custom Indicator
⭐ BTST Calls
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⭐ Algo Trading
⭐ US stocks
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
⭐ US stocks
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.
Get BTST Toolkit:
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
⭐ US stocks
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
⭐ US stocks
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.
