Aditya Infotech: Breakout Retest in Action — Next Stop ₹1700...?
Aditya Infotech, one of the newly listed stocks, has delivered an impressive breakout above its all-time high, showcasing strong bullish momentum and renewed investor interest. After this sharp rally, the stock is now retesting the ₹1470 zone, which earlier acted as a key resistance level and could now flip into a strong support area.
If Aditya Infotech sustains above ₹1470 for a day, it would signal a successful breakout retest, potentially setting the stage for the next leg of the rally towards ₹1700.
📈 Trading Setup:
* Buy Zone: Above ₹1470 (post-sustainability confirmation)
* Target: ₹1700
* Stop-Loss: ₹1390–₹1395
The structure remains bullish, and a bounce from the current level could attract fresh momentum traders. A strong close above ₹1470 would further validate the breakout and indicate that the bulls are firmly in control.
If Aditya Infotech sustains above ₹1470 for a day, it would signal a successful breakout retest, potentially setting the stage for the next leg of the rally towards ₹1700.
📈 Trading Setup:
* Buy Zone: Above ₹1470 (post-sustainability confirmation)
* Target: ₹1700
* Stop-Loss: ₹1390–₹1395
The structure remains bullish, and a bounce from the current level could attract fresh momentum traders. A strong close above ₹1470 would further validate the breakout and indicate that the bulls are firmly in control.
Trade chiuso: obiettivo raggiunto
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.