FACT Good Volume to note

📊 Chart Summary (Daily – D1)
Metric Value
📈 CMP ₹976.45
🔺 Day’s Gain +₹72.20 (+7.98%)
📊 Volume 8.52M (strong volume spike)
🔻 Recent Pullback -7.06% over 12 days
🔺 Recent Surge Broke 12-day range downtrend
📌 Pattern Formed Falling wedge breakout (bullish)

🔍 Technical Analysis Highlights
✅ Bullish Falling Wedge Breakout: The stock was in a 12-day falling wedge (marked), which is typically a bullish continuation pattern. Price broke out convincingly.

🔼 Entry Region Marked Smartly: The breakout candle with volume aligns perfectly with the entry box shown around ₹940–₹960.

📦 Volume Confirmation: Surge in volume post breakout confirms buyer strength and institutional activity.


📌 Target Zone: From risk-reward setup (1.5x), target is around ₹1030–₹1050 area.

📉 Previous Resistance: Some resistance likely near ₹1000 psychological level and again around ₹1050–₹1070.

🧠 Strategy Summary
Element Value
🎯 Target 1 ₹1030–₹1050
🛑 Stop Loss ₹920 (below wedge breakout low)
🛒 Re-entry Zone ₹940–₹960 (on any minor pullback)
⚖️ Risk-Reward ~1:1.5+

✅ Observations & Guidance
This is a clean, well-defined setup with high probability.

Volume > price = confirmation of institutional activity.

Suggest booking partial gains near target and trail the rest

Any retest to wedge zone or ₹940–₹960 can be a fresh opportunity.