IDIA Range Accumulation – Bullish Only With Fundamental Trigger

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The stock is currently trading inside a tight range, indicating a phase of consolidation.

📉 Buy Zone: ₹6.38

I’m planning to accumulate if price drops near this zone. From a technical view, it’s a strong demand area. However, for the bullish breakout to sustain, we’ll need strong fundamental support — like earnings, news, or sector momentum.

🔍 If fundamentals align, this could become a long-term multibagger setup.

✅ Strategy:

Wait for ₹6.38 zone

Accumulate small quantities

Hold for long-term with regular news tracking

💬 What do you think?
Would you wait for breakout or buy inside the range?

#TechnicalAnalysis #SwingTrade #LongTermView #SupportZone #BreakoutSetup #StockMarketIndia

Feragatname

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