📈 Bullish Breakout Setup
CMP: ₹5,277 (testing resistance)
Key Levels:
✅ Support: ₹4,800 (strong base)
🎯 Targets: ₹5,600 → ₹6,000 → ₹6,400
⚠️ Stop Loss: ₹4,400 (below recent swing low)
Technical Edge:
• TEMA (5,9,20) showing bullish alignment
• SuperTrend (10,3) in buy mode
• Higher highs formation intact
Fundamental Check:
• NBFC sector revival play
• Consistent dividend payer (check yield)
Trade Plan:
Enter 50% at current levels
Add 50% on close above ₹5,300
Trail SL to ₹5,000 after ₹5,600 break
#SundaramFinance #NBFCstocks #BreakoutAlert #PositionalTrading
[Pro Tip: This stock moves 10-15% in trending phases - be patient!]
CMP: ₹5,277 (testing resistance)
Key Levels:
✅ Support: ₹4,800 (strong base)
🎯 Targets: ₹5,600 → ₹6,000 → ₹6,400
⚠️ Stop Loss: ₹4,400 (below recent swing low)
Technical Edge:
• TEMA (5,9,20) showing bullish alignment
• SuperTrend (10,3) in buy mode
• Higher highs formation intact
Fundamental Check:
• NBFC sector revival play
• Consistent dividend payer (check yield)
Trade Plan:
Enter 50% at current levels
Add 50% on close above ₹5,300
Trail SL to ₹5,000 after ₹5,600 break
#SundaramFinance #NBFCstocks #BreakoutAlert #PositionalTrading
[Pro Tip: This stock moves 10-15% in trending phases - be patient!]
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.