Sarda Energy & Minerals Limited – Breakout from Consolidation Range

📊 Sarda Energy & Minerals Limited – Breakout from Consolidation Range The stock is showing strong bullish momentum after a consolidation phase and is attempting a breakout towards higher levels. 🔎 Technical Observations: • Prior uptrend followed by healthy consolidation • Formation of a range-bound structure (accumulation phase) • Strong bullish breakout candle with volume support • Higher low formation indicating strength • Momentum indicators turning bullish 🔑 Key Levels to Watch: • Immediate Support: ₹540 – ₹520 • Major Support: ₹500 – ₹480 • Immediate Resistance: ₹580 – ₹600 🚀 Upside Targets: • ₹625 • ₹640 • ₹680+ 📉 Risk Scenario: Breakdown below ₹520 may weaken the structure and lead to downside towards ₹500 📈 Trading View: 👉 Stock is in continuation breakout phase 👉 Sustaining above ₹580 can trigger further upside 👉 Strong momentum suggests potential trend expansion ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊