AEGIS LOGISTICS (Weekly Chart Analysis)

Pattern Identification Rectangle Consolidation Breakout Setup Stock has been consolidating for nearly 2 years between ₹600–940. Price is now approaching the upper boundary of the range after forming a higher low near ₹600. Not yet a confirmed breakout, but it is very close to the trigger zone. Breakout Zone Major resistance: ₹930–950 Current price: ₹839 A weekly close above ₹950 would confirm a fresh all-time consolidation breakout. Measured Move Target Rectangle Height: Resistance = ₹950 Support = ₹600 Height = ₹350 Measured Move: ₹950 + ₹350 = ₹1,300 target Targets: T1: ₹1,000 T2: ₹1,150 T3: ₹1,300 (classical measured move) Momentum Assessment ✅ Price above 26 EMA, 52 EMA and 225 EMA ✅ EMAs turning upward ✅ Strong rebound from lower end of range ✅ Higher low structure developing ⚠️ Breakout confirmation is still pending. This is currently a pre-breakout candidate rather than an actual breakout. Entry / Retest Zone Aggressive Entry ₹820–850 Breakout Entry Weekly close above ₹950 Ideal Retest Entry ₹930–950 after breakout confirmation