🌱 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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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.