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SYRMA Weekly Breakout | High Volume + 1.5-Year Base Structure🚨 Breakout Alert on SYRMA (Weekly) After 1.5 years of sideways consolidation, SYRMA has finally broken out with strong conviction. The breakout is supported by the highest weekly volume seen in months — signaling smart money accumulation. 📊 Technical Setup: 🔹 1.5-year base formation now broken 🔹 Breakout candle closed above resistance with strength 🔹 Volume spike confirms breakout validity (HVE) 🔹 Structure resembles classic Stage 2 breakout 🟢 Ideal retest zone: ₹670–₹680 🛑 Support zone: ₹635–₹645 Fundamental Snapshot: ✅ Revenue: ₹2,000 Cr → ₹3,800 Cr in 2 years ✅ Net Profit up 50% YoY ✅ EPS (TTM): ₹9.57 ✅ Promoter holding: ~46% ✅ Dominant player in EMS & IoT hardware ⚡Macro trend supports domestic electronics manufacturing — still early in the cycle.
NSE:SYRMALong
by sandippawar96
Nuvama Wealth 📈 Trade Setup: Parameter Value Entry Price ₹6,905 Stop Loss ₹6,643 Target ₹10,274 Risk ₹262 Reward ₹3,369 Risk:Reward 12.9x Last High ₹8,551 Last Low ₹6,828 Point Variation ₹1,723 🧠 Interpretation: Perfect Trend Alignment: UP across all HTFs, MTFs, and ITFs. Entry is within weekly demand zone (6905–6374), giving a low-risk setup. High R:R (12.9x) makes this a compelling swing trade opportunity. Target of ₹10,274 implies a breakout beyond the previous high (₹8,551), anticipating new ATHs. SL of ₹6,643 is below recent lows and strong demand zones—well positioned. ⚠️ Watchouts: If 6828 breaks, revalidate strength — this is the last key support across multiple timeframes. Monitor volumes and candle formations around 6900–7200 zone to confirm breakout momentum. ✅ Overall Trend: STRONG UPTREND All timeframes — High Time Frame (HTF), Medium Time Frame (MTF), and Intraday Time Frame (ITF) — show consistent upward demand zones. 📊 Zone Summary: Timeframe Trend Zone Type Proximal Distal Avg Zone Yearly UP Support 5326 4454 4890 Half-Yearly UP Rally → Rally 5326 4454 4890 Quarterly UP Rally-Base-Rally 5326 4454 4890 Monthly UP BUFL 7241 6805 7023 Weekly UP BUFL 6905 6374 6640 Daily UP BUFL (DMIP) 7194 7034 7114 240M / 180M / 60M UP DMIP ~6882 ~6828 ~6941 Support zones are tightening as we move from higher to lower timeframes — showing strong buyer interest across levels.
NSE:NUVAMALong
by pradyammm