🌱 Oswal Agro – Breakout From Long-Term Consolidation Zone.
Chart: Oswal Agro Mills (OSWALAGRO) – Daily Timeframe
Oswal Agro has given a breakout from a long consolidation range, indicating a potential start of a new uptrend. The price action has broken above key resistance near ₹101 with strong bullish candles and increasing volume, suggesting accumulation by smart money.
🔹 Technical Highlights:
Breakout above ₹106 after nearly 3-month sideways movement
Volume spike on breakout candle – confirms strength
Price trading above 20 EMA and 50 EMA
MACD crossover shows bullish momentum
RSI above 60 and trending upward – healthy strength
📌 Trade Setup:
Entry Range: ₹106-107
Target 1: ₹125
Target 2: ₹140
Stop Loss: ₹82. (closing basis)
The breakout could lead to multi-day bullish momentum if sustained above ₹30. Watch for retests or consolidation near breakout levels for low-risk entry opportunities.
⚠️ Educational post only – trade with proper risk management and research.
Chart: Oswal Agro Mills (OSWALAGRO) – Daily Timeframe
Oswal Agro has given a breakout from a long consolidation range, indicating a potential start of a new uptrend. The price action has broken above key resistance near ₹101 with strong bullish candles and increasing volume, suggesting accumulation by smart money.
🔹 Technical Highlights:
Breakout above ₹106 after nearly 3-month sideways movement
Volume spike on breakout candle – confirms strength
Price trading above 20 EMA and 50 EMA
MACD crossover shows bullish momentum
RSI above 60 and trending upward – healthy strength
📌 Trade Setup:
Entry Range: ₹106-107
Target 1: ₹125
Target 2: ₹140
Stop Loss: ₹82. (closing basis)
The breakout could lead to multi-day bullish momentum if sustained above ₹30. Watch for retests or consolidation near breakout levels for low-risk entry opportunities.
⚠️ Educational post only – trade with proper risk management and research.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.