🌱 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.
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.