📊 Shyam Metals & Energy Ltd – Strong Bullish Breakout
Stock is showing strong buying momentum after a consolidation phase, with a sharp breakout and volume expansion.
🔎 Technical View:
• Bullish breakout from consolidation
• Strong volume-supported move
• Price above key support levels
• Momentum indicators turning positive
🔑 Key Levels:
• Support: ₹1,046 – ₹1,003
• Major Support: ₹976 – ₹960
• Resistance: ₹1,090 – ₹1,134
🚀 Upside Targets:
• ₹1,090
• ₹1,134
• ₹1,177+
📉 Risk: Below ₹1,003 may weaken the bullish setup.
📈 Trading View:
👉 Sustained move above ₹1,090 can trigger fresh bullish momentum towards ₹1,134–₹1,177+.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊