Mills is trading around ₹655 on the weekly chart. The long-term structure has turned strongly positive after the stock formed a base near ₹420–450 and started making higher highs and higher lows. The recent rally has been sharp taking the stock close to its previous major resistance around ₹670–680. Momentum is bullish but the stock is now entering an important breakout zone. Support & Resistance immediate support is around ₹620–600 followed by ₹570–550. Holding ₹600 would keep the current bullish structure intact. On the upside ₹670–680 is the key resistance zone. A sustained weekly breakout above ₹680 with strong volume can open the way toward ₹720–750 while failure to cross this zone may lead to profit booking/consolidation. Short-term view the setup is bullish above ₹600 but chasing at current levels carries higher risk because the stock is close to major resistance. A decisive weekly close above ₹680 can provide fresh momentum. A break below ₹600 would weaken the short-term structure. For Holders hold with a trailing stop-loss around ₹600 and watch the ₹680 breakout closely. For Fresh Buyers: Prefer buying either on a confirmed breakout above ₹680 or on a healthy pullback toward ₹600–620 rather than chasing the current move.

#MacroViews#TechnicalViews#Today’sTradingSetup#EquityResearch

1,024 likes·60 comments