🚀 Cup & Handle Breakout on a Fundamentally Strong Stock!

🔎 Technical View Elliott Wave Structure: The stock has completed a corrective phase and is currently in a strong impulsive wave, eyeing a breakout above the previous high zone of ₹507. MACD Divergence: MACD is showing bullish momentum continuation, supporting the ongoing uptrend. AVWAP Levels: Rising AVWAP (near ₹400) is acting as a strong dynamic support, showing institutional accumulation at lower levels. Pattern: A Cup & Handle formation is visible, with price approaching breakout levels. Sustaining above ₹507 can open targets towards ₹650–700 in the medium term. 📊 Fundamental View Strong ROCE & ROE, supported by steady profit growth in recent quarters. Debt-free balance sheet with healthy cash reserves. Consistent performance in the mining & minerals segment, backed by government initiatives. ✅ Key Levels to Watch Support: ₹400 Resistance / Breakout Zone: ₹507–510 Target on Breakout: ₹650–700 🔥 This is a multi-signal confirmation setup where both technical & fundamental indicators align for a potential long-term uptrend.