🛏️ Indo Count Industries – Strong Breakout Attempt

📈 Technical View Big Move: Stock jumped +21% this week, reclaiming levels above ₹280. Support Zone: Strong base near ₹230–240 (200WMA + demand zone). Resistance Trendline: Long-term downward sloping trendline from ₹440 is being tested. A breakout above ₹300–310 could confirm trend reversal. Volumes: Noticeable surge in volumes this week — sign of fresh institutional buying. ✅ Fundamental Snapshot Sector: Home textiles (bed linen, sheets, exports). Strength: One of the largest bedding exporters from India with strong US & Europe presence. Trigger: Revival in global textile demand + rupee stability + Govt. textile PLI scheme could support earnings. ⚡ Trading View: As long as it holds ₹230–240, bias remains positive. Breakout above ₹310 can open the path towards ₹350–380.