Shivalik Bimetal Controls (SBCL)

Pattern Identification Daily consolidation breakout after a strong impulsive move from ₹700 zone to ₹760 zone. Price has been moving inside a tight rectangle/consolidation between approximately ₹700–760. Current candle is attempting a breakout near the upper boundary. Structure resembles a Bull Flag / Flat Base Continuation Pattern. Breakout Zone Immediate breakout level: ₹760 Strong confirmation above: ₹765–770 Current price: ₹740 Measured Move Target Height of consolidation: Resistance = ₹760 Support = ₹700 Range = ₹60 Measured move: Target 1 = ₹760 + ₹60 = ₹820 Target 2 (extended momentum target) = ₹840–850