Sona BLW Precision Forgings (Sona Comstar) – Weekly Chart Analysis

✅ Large Cup & Handle / Rounding Bottom Formation Stock corrected from ~₹760 to ~₹400. Spent nearly a year building a broad base. Now has returned to the neckline zone around ₹620-630. Long-duration bases generally produce stronger moves when they break out. ✅ Breakout Happening at Major Resistance The green horizontal line around ₹620 is the key resistance. Price has now reached and slightly crossed this zone. Weekly close above ₹620-630 would confirm the breakout. ✅ Higher High – Higher Low Structure Since the ₹400 bottom, the stock has been consistently creating higher lows. Trend has already turned positive before the breakout. ✅ Sector Tailwind EV components, driveline systems, precision engineering. Market generally rewards these themes when momentum returns.