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AALGO BREATHS I SEBI RA

18th Mar · SEBI-Registered Analyst

Premier Energies Ltd – Strong Breakout Momentum

PREMIERENE
📊 Premier Energies Ltd – Strong Breakout Momentum The stock has delivered a clean breakout after consolidation and is now showing strong bullish momentum with rising volume support. 🔎 Technical Observations: • Formation of double bottom structure near ₹660 zone • Strong price recovery with higher highs & higher lows • Breakout above consolidation zone with momentum • Volume expansion confirming buyer strength • Momentum indicators in bullish zone 🔑 Key Levels to Watch: • Immediate Support: ₹835 – ₹800 • Major Support: ₹790 – ₹760 • Immediate Resistance: ₹877 🚀 Upside Targets: • ₹920 • ₹964 • ₹1,007+ 📉 Risk Scenario: Break below ₹800 may weaken the bullish structure and lead to consolidation. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📈

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