DIVISLAB | Strong Volume Breakout from Multi-Month Resistance 📈 Trade Recommendation:
✅ For Intraday:
Buy Above: ₹6,250 (on sustained breakout and volume)
Intraday Target: ₹6,350–₹6,420
Stoploss: ₹6,180 (below breakout zone)
📊 For Short-Term (1–2 weeks):
Buy on Retest: ₹6,200–₹6,250 (ideal risk-reward)
Target 1: ₹6,500
Target 2: ₹6,750
Stoploss: ₹6,050 (below retest support)
🔍 Technical Highlights:
Volume surge confirms breakout strength
RSI breakout above 70 indicates strong bullish momentum
Past resistance zone now acting as support on retest
Shorttermtraders
JK CEMENT | Strong Volume Breakout | Short-Term Upside in Play📈 Short-Term Trade Plan:
Buy Zone: ₹5,240–₹5,255 (on retest of breakout zone)
Target 1: ₹5,310
Target 2: ₹5,360
Stoploss: ₹5,195 (below the breakout candle wick)
🔍 Technical Insights:
Strong volume surge on breakout above ₹5,220–₹5,230 resistance zone.
RSI comfortably above 60, suggesting sustained strength.
Box breakout pattern typically suggests upward continuation with momentum.
for educational purposes only