Amines & Plasticizers is showing signs of a trend reversal, breaking above a falling wedge formation that has persisted for months. The breakout is supported by volume and improving momentum, indicating accumulation at lower levels. 🔹 Technical Overview Pattern: Falling wedge breakout on weekly chart. Support Zone: ₹205–₹210 (trendline + horizontal confluence). Resistance Zone: ₹250–₹255 (previous supply area). Trendline: Price retesting multi-month descending resistance and closing above it. RSI: Rising from the 40s with a bullish crossover — confirming improving strength. Volume: Notable expansion this week, suggesting buying interest. 🔹 Interpretation ✅ Strong bullish momentum emerging after prolonged consolidation. ✅ RSI breakout aligns with price breakout — signaling trend shift. ✅ Sustaining above ₹230 can attract follow-through buying toward ₹250–₹255. ⚠️ Short-term retests toward ₹215–₹220 may occur before continuation. Amines & Plasticizers appears to be breaking out of compression with volume confirmation and momentum recovery. The setup suggests a potential reversal from base-building to the early phase of an uptrend. 📢 Disclaimer: For educational purposes only; not investment advice. 👤 Rajneesh Sharma – SEBI Registered Research Analyst (INH000020332)

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