The stock has formed a classic Volatility Contraction Pattern (VCP), indicating accumulation. A breakout above the trendline resistance could trigger a strong move upward. Volume spikes suggest big money involvement, confirming the breakout probability. 📊 Technical Levels:
Support: ₹56.56
💡 Trade Idea: Wait for a decisive close above the resistance with strong volume. Manage risk with proper position sizing and a stop-loss at ₹56.56.
📚 Disclaimer: This is for educational purposes only. Always do your research before making any trading decisions.
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