Postional trade Idea

8 Kas

Avalon Technologies Ltd has broken out of a strong resistance zone around ₹700-₹720, rallying to ₹792 with impressive momentum. This breakout, coupled with high volume, signals a potential continuation of the uptrend. A target of ₹850-₹900 looks achievable in the near term if momentum sustains. Stop-loss can be set below ₹700 to manage risk. This setup offers a compelling entry for positional traders eyeing further upside.