Force Motors – Channel Breakout on Daily Chart

📊 Force Motors – Channel Breakout on Daily Chart The stock has given a strong breakout from a rising channel consolidation with sharp volume expansion. 🔎 Technical Highlights: Clean breakout above ₹23,900–₹24,000 resistance zone Strong bullish candles with rising volume Trading above 20 EMA & mid Bollinger Band RSI near 70+ → strong momentum zone Structure of higher highs & higher lows intact 🔑 Key Levels: Immediate Support: ₹22,000 Major Support: ₹20,800 Breakout Level: ₹23,900 🚀 Sustained move above ₹24,500 can push the stock towards: ₹28,000 ₹32,000–₹34,000 (positional view) Momentum and volume both support the breakout. Follow-through above recent highs will be crucial. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS