FLUOROCHEM

Ignites Rally: Strong Breakout After Aug–Sept Consolidation

stock surged over 10% on 9th September 2025, breaking out of a prolonged consolidation phase that began on 11th August 2025. The breakout was supported by higher-than-average volumes, highlighting strong buying interest and renewed momentum in the counter. However, despite the sharp rally, prices did not close above the downward-sloping trendline, keeping the immediate trend cautious. On the upside, ₹3776 remains a key resistance, and a decisive close above this level could confirm further bullish momentum. On the downside, ₹3320 and ₹3220 act as critical support zones, where buyers may step in if prices retrace. The current setup reflects improving sentiment, but traders should watch the resistance zone closely for confirmation of sustained strength. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.