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CA Omkar Bhutada - SEBI Reg IA

20th Apr · SEBI-Registered Analyst

🔥 Rounding Bottom Breakout – Early Stage Trend Reversal with Momentum!

JINDALSAW
🏢 Fundamental Strength (Supporting the Move) Likely supported by: Cyclical sector recovery (infra/steel demand tailwind) Improving earnings visibility Better capacity utilization and margin expansion 👉 Turnaround story + technical reversal = strong opportunity zone 🎯 Conclusion This setup reflects a high-probability trend reversal with momentum confirmation: Base formation (rounding bottom) Breakout confirmation Momentum shift (MACD) Value support (AVWAP) If price sustains above the breakout zone, this could evolve into a powerful trending move, especially if Wave 3 fully unfolds.

#StockInNews#WatchOutFor#Today’sTradingSetup#FundamentalViews#TechnicalViews
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