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Umang Bhutada

15th Jun · SEBI-Registered Analyst

Electrosteel Castings – Breakout Watch

ELECTCAST
Important Levels: Support: 150 – 145 Resistance: 170 – 180 Structure: Strong base formation Business: Leading manufacturer of ductile iron pipes Beneficiary of water infrastructure and urban development projects Strong domestic demand visibility Earnings: Healthy order inflows Stable profitability Government capex supporting growth Verdict: 👉 Water infrastructure theme play 👉 Watch for breakout confirmation

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