Precision Wires has been in the spotlight after the stock hit a fresh record high following a strong breakout from consolidation. Why it’s in news: The stock recently touched around ₹381, marking a new high. Technical indicators are showing strength, and experts are expecting further upside momentum. Short-term targets are being discussed around ₹410 levels if the trend sustains. Precision Wires is clearly showing strong momentum, and the breakout indicates buyers are in control for now. However, after a sharp move, some consolidation or profit booking is always possible. Key Levels to Watch: Support: ₹355 – ₹360 Resistance: ₹400 – ₹410 Trend: Bullish bias as long as it holds above support zone Overall trend looks bullish, but after a sharp rally, some consolidation cannot be ruled out. Keep strict risk management in place.

#WatchOutFor

1,087 likes·74 comments