On the weekly chart of Premier Explosives, your structure resembles a large cup/base breakout setup with a strong support curve.

$PREMEXPLN What stands out: Multi-month rounded base formation Price reclaimed the long-term moving average (orange line) Higher lows are forming into resistance Recent candles show momentum expansion Price is now attacking a level tested multiple times This is often where expansion begins. Levels I’d track: Resistance zone: ₹605–615 This is the decision point. If weekly closing sustains above it: First target: ₹680–700 Second: ₹760–780 Extended: ₹850+ Why? Approximate pattern depth: ₹605 − ₹320 ≈ ₹285 Measured move: ₹605 + ₹285 ≈ ₹890 Your arrow toward ₹760+ is conservative and technically reasonable. Things I like here versus many momentum names: It isn't already vertically overextended Base duration is long Risk can be defined clearly Breakout is emerging after accumulation, not panic buying Risk side: Failure near ₹610 and move below ₹520 → likely back inside range Break below ₹420 (major support / MA area) weakens structure considerably