🧱 Box Breakout After 13 Months! Star Cement Powers +6% on Weekly Close

A textbook range breakout after over a year of consolidation! Star Cement just broke out of its accumulation box with a strong bullish candle — this could be the start of a fresh trending move. 🔍 Technical + Fundamental Breakdown 🔹 Elliott Wave View After a corrective phase resembling a complex Wave 2, the recent move likely marks the beginning of Wave 3, which is known for steep rallies. Clear range structure supports the idea of accumulation before markup. 🔹 MACD Momentum MACD has turned bullish — signal line crossover confirms fresh buying pressure. No bearish divergence, showing momentum is healthy and building. 🔹 AVWAP Insight Though not drawn on chart, breakout above a multi-month anchored VWAP resistance can be inferred from the long sideways volume behavior. Volume breakout along with price confirms institutional interest. 💼 Fundamental Strength Low debt + strong margins typical of cement sector outperformers. Benefiting from regional infra demand, especially in North-East India where Star Cement is dominant. Steady growth in EBITDA/ton and cash flow generation. ✅ Final Word Star Cement is breaking out of a 255-level resistance box after 13 months of patience-testing sideways movement. With rising volume, fresh trend structure, and sector tailwinds, this could be just the beginning of a medium-term uptrend.