Positional Setup: Rainbow Children’s Medicare Ltd (NSE)

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📍 Chart Analysis Summary

CMP: ₹1513.20

Structure: Strong breakout from a rounded base; retesting previous resistance zones

Volume: Gradual accumulation with spikes on breakout sessions

Momentum: RSI supportive of upside continuation

📊 Technical Levels (Positional Setup)
Support Zones: ₹1435 / ₹1370

Resistance Zones: ₹1575 → then ₹1710

Breakout Confirmation: Price has closed above consolidation zone with momentum

Setup Type: Base breakout + higher lows forming for several weeks

🎯 Positional Targets:
Target 1: ₹1575

Target 2: ₹1710

Target 3 (Extended): ₹1850+

Stop-Loss (Closing Basis): ₹1435

Feragatname

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