Westlife Ready for a Menu Upgrade — Bullish Breakout Loading?

(NSE: WESTLIFE) 1D TF Cup Formation (Rounding Bottoms): The highlighted arcs indicate two rounding bottoms (a mini "cup" pattern), often seen as bullish reversal signals. The second cup breakout is currently in play, with the price moving sharply upwards post-formation. Resistance Zone: The price is now approaching a key resistance zone near ₹760–₹770, which has acted as a supply zone in the past. Watch for price action here — a breakout above ₹770 with good volume could lead to continuation. Support Levels: Immediate support near ₹720–₹725 (recent breakout zone). Stronger support near ₹680–₹700 (cup base zone). Momentum: Strong bullish candles indicate strong momentum. No signs of exhaustion yet, but RSI and other oscillators (not shown) should be checked for overbought signals. Bullish Continuation (if breaks ₹770): Target 1: ₹795–₹800 (psychological resistance). Target 2: ₹820 (gap-fill + previous supply zone). SL: ₹725 (below breakout zone). Minor correction towards ₹725–₹730 possible before further upside. That zone could act as a demand zone if bulls sustain interest. Unite Technologies Financial Service is a SEBI Registered Research Analyst (Reg. No. INH000020350). The views and recommendations shared are for educational and informational purposes only. They do not constitute investment advice. Please consult your financial advisor before making any investment decisions. We do not guarantee any returns and are not responsible for any financial losses.