grasim industries ltd | breakout loading?

📌 yellow counter trendline (ct) – A key resistance trendline on the weekly timeframe (wtf), which the stock is currently holding at. A breakout is pending .

📌 double bottom breakout – The stock has already rallied significantly after breaking out from a double bottom pattern. However, it's now in a crucial consolidation phase, needing a halt .

📌 price action roadmap – The current structure suggests either a consolidation or a minor dip, followed by a potential breakout above the yellow ct.

📌 red supply zone = major resistance – This area marks both the weekly timeframe all-time high (wtf ath) and multi-timeframe (mtf) resistance, making it a critical level to watch.

A clean breakout from here could be an "ice-break" move! 🚀 Will it break and fly or face rejection? 🤔