SPARC spent almost 18 months inside a broad consolidation (~₹115–255).
SPARC
Longer consolidations generally produce stronger moves once they resolve.
✅ 2. Clean Resistance Breakout
The major resistance around ₹255 has been broken decisively.
Weekly candle has closed well above resistance.
✅ 3. Strong Momentum Candle
Breakout candle is large with good range.
Indicates institutional buying rather than a marginal breakout.
✅ 4. Volume Expansion
The breakout appears accompanied by much higher volume than previous weeks.
This is exactly what you want to see.
✅ 5. Little Overhead Supply
Between ₹255 and roughly ₹320–340 there isn't much historical congestion.
Price can move relatively quickly once momentum continues.
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