๐ Breakout Stock: Neogen Chemicals Ltd NEOGEN
๐ Breakout Stock: Neogen Chemicals Ltd ๐ Price Action (Yesterday) Stock gave a clean breakout above major resistance Closed around โน1500 zone with strong bullish candle Breakout supported by strong volume + momentum expansion ๐ This indicates shift from consolidation โ fresh uptrend ๐ Technical Structure Breakout Level: โน1480โ1500 zone Current Zone: ~โน1500 Next Targets: โน1600โ1610 Support Levels: โน1440 (immediate support) โน1400 (strong base) โก Indicator Confirmation RSI: Above 65 โ strong bullish momentum Moving Averages: Price above 20 / 50 / 100 / 200 EMA โ powerful trend setup Structure: Breakout from consolidation โ high probability continuation ๐ฏ Trade Setup Buy Zone: โน1480โ1500 (retest area) Target: โน1600 / โน1650 Stop Loss: โน1440 ๐ง Smart Trading Insight This is a fresh breakout (not overextended like CG Power) Better risk-reward compared to already running stocks ๐ข Ready-to-Post Caption โ๐ฅ Fresh breakout alert! Neogen Chemicals crosses key resistance with strong momentum. Looks ready for next leg up โ

















