VA Tech Wabag Tests Range Top on Sector Rally

shares rose nearly 6% to Rs 2,130.90, pushing toward the upper end of a range it has held since July 2026. The move came amid broad strength in the water/infra EPC space, after Enviro Infra Engineers surged nearly 10% on securing a Rs 190-crore EPC contract from Tata Power Renewable Energy for a 180-MW NTPC wind project, while Denta Water and Infra Solutions also gained (Source: Money control). On the chart, VA Tech Wabag has been consolidating within a converging range since the July highs near 2,250, with today's move accompanied by a volume surge and RSI at 65.74, both pointing to renewed participation. Resistance: 2,220, then the range highs near 2,2250. Support: 1,950-1,850. A sustained close above the 2,250-2260 zone would mark a move past the range's upper boundary, potentially opening the path for the next leg higher. Failure to hold above this zone would keep the stock within its multi-month consolidation. VA Tech Wabag's range-top test alongside sector-wide strength makes it one to track for a possible range breakout, contingent on the move holding. A multi-month consolidation range often resolves with a volume-backed move at its boundary — the follow-through on a close, not the initial push, confirms the breakout. Disclaimer: This is for educational purposes only and is not investment advice. Please consult your financial advisor before making any investment decisions. SEBI Registered Research Analyst — INH000025212.