The stock is consolidating within a large triangle pattern and is approaching a key breakout zone. Momentum is improving, suggesting a potential directional move.
🔎 Technical Observations:
• Long-term triangle consolidation in progress
• Multiple support zones holding firmly
• Price nearing breakout resistance trendline
• Volume activity improving near breakout area
• Momentum indicators turning bullish
🔑 Key Levels:
• Support: ₹1,100 – ₹1,080
• Strong Support: ₹1,050
• Resistance: ₹1,150 – ₹1,180
🚀 Upside Targets:
• ₹1,235
• ₹1,325
• ₹1,417+
📉 Risk Scenario:
A close below ₹1,080 may delay the breakout and trigger further consolidation.
📈 Trading View:
👉 Sustained move above ₹1,180 can confirm a triangle breakout.
👉 Structure remains constructive while key support levels hold.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊