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.
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.
Dagangan aktif
14% up from entryDagangan ditutup: sasaran tercapai
537 to 640 , good move around 20% returns
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.