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ONWARDTEC
📈 ONWARDTEC – Breakout Watch for Monday, 19 October 2026
🔹 Stock: Onward Technologies (NSE: ONWARDTEC)
🔹 Last Close: ₹427.40
🔹 Previous Session Gain: +19.99%
🔥 Trading Strategy:
Breakout Zone: Above ₹427.40 with strong volume and sustained buying.
Entry: Consider only after price confirmation and a successful retest.
Stop-Loss: Set below the confirmed breakout/retest low.
Targets: Determine from Monday’s price action and nearby resistance levels; avoid fixed targets without confirmation.
⚠️ Important Risk Factors:
The stock reportedly closed at its upper circuit on Friday.
A gap-up opening may offer poor risk/reward.
Watch for profit-booking, circuit limits and liquidity before entering.
If the breakout fails, avoid chasing the price.
✅ My View: Strong momentum, but high risk. Wait for Monday’s market opening and confirmation before taking a trade.
📌 This is a watchlist setup, not a guaranteed prediction or a personalized buy recommendation. Prices are based on the reported 16 October close; verify live NSE prices before trading.#StockInNews#WatchOutFor#Today’sTradingSetup#TechnicalViews
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