🛣 Ashoka Buildcon Ltd – Base Built. Breakout Begun. 🚀

🧱 Technical Structure After topping around ₹330, the stock retraced nearly 50%, forming a rounded bottom structure near ₹175. Strong bounce from the 200-week moving average (AVWAP zone) confirms long-term demand. This week's breakout above ₹205–₹210 — a key horizontal supply zone — indicates trend reversal and strength. 🔁 Mean Reversion + AVWAP Reclaim The stock respected the mean (200-week EMA / AVWAP) during its decline and has now reclaimed it decisively. This typically signals the end of the bearish phase and start of a new cycle. 📈 Macro + Infra Tailwind Ashoka Buildcon benefits from heavy government infra push, EPC contracts, and improving order inflow visibility. Debt reduction and strong execution give it financial and operational edge in the infra space. FIIs are showing renewed interest in infra stocks — adds momentum. 🔑 Key Levels Support Zone: ₹175–₹180 (200WMA + Base Support) Immediate Resistance: ₹220 Medium-Term Targets: ₹265 and ₹310 based on prior structure and Fib retracements