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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.