🚀 Elecon Engineering: Pre-Breakout Momentum Building! 🚀
📉 CMP: ₹716
🔒 Stop Loss: ₹652
🎯 Target: ₹952
🔍 Why It Looks Promising?
✅ Rounding Bottom Breakout: Strong breakout above ₹652 with a successful retest.
✅ Fresh Upside Move: Momentum picking up—on track to challenge all-time highs.
💡 Strategy & Risk Management
📈 Staggered Entry: Accumulate gradually near support to manage risk effectively.
🔒 Strict SL: Maintain a disciplined stop loss at ₹652 to protect capital.
📍 Outlook: Elecon is well-positioned for a fresh rally with strong technical structure and volume support.
📉 Disclaimer: Not SEBI-registered. Please conduct your own research or consult a financial advisor before investing.
#EleconEngineering #BreakoutStocks #TechnicalAnalysis #RoundingBottom #SwingTrading #StockMarketIndia #InvestSmart
📉 CMP: ₹716
🔒 Stop Loss: ₹652
🎯 Target: ₹952
🔍 Why It Looks Promising?
✅ Rounding Bottom Breakout: Strong breakout above ₹652 with a successful retest.
✅ Fresh Upside Move: Momentum picking up—on track to challenge all-time highs.
💡 Strategy & Risk Management
📈 Staggered Entry: Accumulate gradually near support to manage risk effectively.
🔒 Strict SL: Maintain a disciplined stop loss at ₹652 to protect capital.
📍 Outlook: Elecon is well-positioned for a fresh rally with strong technical structure and volume support.
📉 Disclaimer: Not SEBI-registered. Please conduct your own research or consult a financial advisor before investing.
#EleconEngineering #BreakoutStocks #TechnicalAnalysis #RoundingBottom #SwingTrading #StockMarketIndia #InvestSmart
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