A powerful breakout is in motion after weeks of consolidation and tight range movement!
✅ Breakout Highlights:
Descending trendline breached with strong volume
Clean move above historical supply zone
Price rallied to ₹1240 and currently consolidating near ₹1190
🔁 Watch for a Retest:
Retest zone marked between ₹1060–₹1160
A healthy dip into this zone could provide a textbook re-entry opportunity
Volume confirmation adds confidence to trend continuation
🟣 Chart Structure:
Breakout from a symmetrical triangle + base
Earnings catalyst may be fueling momentum
“Possible Retest and Continuation Zone” marked for high-conviction traders
🎯 Targets: ₹1280 → ₹1320+
📉 Supports: ₹1080, ₹1060 (must hold for bullish structure to continue)
📌 Strategy:
Watch for bullish price action in retest zone
Partial entry near ₹1160–1180 with SL below ₹1050
Add on confirmation above ₹1220 with volume
#WAAREE #BreakoutStock #RetestZone #GreenEnergy #SwingTrade #NSEStocks #TechnicalAnalysis #VolumeBreakout #TradingSetup #TradingViewIndia
✅ Breakout Highlights:
Descending trendline breached with strong volume
Clean move above historical supply zone
Price rallied to ₹1240 and currently consolidating near ₹1190
🔁 Watch for a Retest:
Retest zone marked between ₹1060–₹1160
A healthy dip into this zone could provide a textbook re-entry opportunity
Volume confirmation adds confidence to trend continuation
🟣 Chart Structure:
Breakout from a symmetrical triangle + base
Earnings catalyst may be fueling momentum
“Possible Retest and Continuation Zone” marked for high-conviction traders
🎯 Targets: ₹1280 → ₹1320+
📉 Supports: ₹1080, ₹1060 (must hold for bullish structure to continue)
📌 Strategy:
Watch for bullish price action in retest zone
Partial entry near ₹1160–1180 with SL below ₹1050
Add on confirmation above ₹1220 with volume
#WAAREE #BreakoutStock #RetestZone #GreenEnergy #SwingTrade #NSEStocks #TechnicalAnalysis #VolumeBreakout #TradingSetup #TradingViewIndia
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.