⚡ Breakout Alert on a Metal Major!

🔎 Technical View Elliott Wave Structure: The stock appears to be entering a new impulsive wave after completing its consolidation phase, moving towards a potential trend extension. MACD Divergence: No major bearish divergence visible; momentum is aligning positively with price, confirming strength. Resistance & Breakout Zone: Price has just reached the ₹208–210 resistance zone, which has acted as a supply area multiple times before. A close above this level with volume can trigger a fresh rally. Volume Action: Rising volumes in recent sessions indicate active participation and accumulation. 📊 Fundamental View Strong presence in the aluminium sector, benefiting from global commodity demand. Healthy ROCE with consistent dividend payouts, making it attractive for both traders and investors. Government-backed company with stable operations and capacity expansion plans. ✅ Key Levels to Watch Immediate Support: ₹195 Breakout Level: ₹210 (close above this is key) Potential Targets: ₹240–250 on successful breakout