WAAREE RENEWABLE TECH – Bullish Breakout with Retest Zone

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A powerful breakout is in motion after weeks of consolidation and tight range movement!

✅ Breakout Highlights:

Descending trendline breached with strong volume

Clean move above historical supply zone

Price rallied to ₹1240 and currently consolidating near ₹1190

🔁 Watch for a Retest:

Retest zone marked between ₹1060–₹1160

A healthy dip into this zone could provide a textbook re-entry opportunity

Volume confirmation adds confidence to trend continuation

🟣 Chart Structure:

Breakout from a symmetrical triangle + base

Earnings catalyst may be fueling momentum

“Possible Retest and Continuation Zone” marked for high-conviction traders

🎯 Targets: ₹1280 → ₹1320+
📉 Supports: ₹1080, ₹1060 (must hold for bullish structure to continue)

📌 Strategy:

Watch for bullish price action in retest zone

Partial entry near ₹1160–1180 with SL below ₹1050

Add on confirmation above ₹1220 with volume

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Feragatname

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