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AALGO BREATHS I SEBI RA

3rd Aug · SEBI-Registered Analyst

Indegene Ltd – Bullish Breakout From Consolidation

$INDGN The stock has broken out of a prolonged consolidation zone with a strong bullish candle and rising momentum, indicating potential continuation of the uptrend. 🔎 Technical Observations: • Strong breakout with above-average buying interest • Price moving above key resistance zone • Higher highs & higher lows formation intact • Momentum indicators turning bullish 🔑 Key Levels: • Support: ₹510–₹495 • Major Support: ₹480–₹455 • Resistance: ₹552–₹580 🚀 Upside Targets: • ₹580 • ₹610 • ₹640+ 📉 Risk: A close below ₹495 may weaken the current bullish setup. 📈 Trading View: 👉 Breakout confirms fresh buying momentum. 👉 Sustaining above ₹552 can open the path towards higher targets. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊

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