Finolex Cables Ltd – Range Breakout with Bullish Momentum

📊 Finolex Cables Ltd – Range Breakout with Bullish Momentum The stock is showing a steady recovery after consolidation and is now attempting a breakout with improving price structure. 🔎 Technical Observations: • Consolidation after previous move • Formation of higher lows indicating accumulation • Gradual upside breakout from range • Price holding above key support levels • Momentum indicators trending positive 🔑 Key Levels to Watch: • Immediate Support: ₹940 – ₹920 • Major Support: ₹880 – ₹850 • Immediate Resistance: ₹1,000 – ₹1,020 🚀 Upside Targets: • ₹1,100 • ₹1,200 • ₹1,300+ 📉 Risk Scenario: Breakdown below ₹920 may weaken the structure and lead to downside towards ₹880 📈 Trading View: 👉 Stock is showing breakout attempt after consolidation 👉 Dips can be buying opportunities near support zones 👉 Sustained move above ₹1,020 can trigger strong bullish momentum ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊