“USHAMART | V-Shaped Recovery with RSI Breakout | Bullish Setup”

🛠 Chart Pattern: The chart indicates a V-shaped recovery from the recent lows around ₹275 levels, forming a rounded bottom structure.

📊 Breakout Zone: Price has broken above short-term resistance near ₹315–₹320 zone on strong bullish candles.

📈 Momentum Indicator: RSI has broken above 60, currently around ~61.13, suggesting increasing bullish momentum.

🔥 Volume: Notable spike observed during breakout, confirming buying interest.

💡 Potential Setup:
• Entry on Breakout: ₹325+ (already in progress)
• Targets: ₹345 / ₹365 / ₹395
• Stoploss: Closing below ₹310 or below breakout candle low

🧠 Positional/Swing Trade Setup: Traders can consider entry on dips near ₹315–₹320 or on sustained move above ₹330 with volume confirmation.

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⚠️ Disclaimer:

This chart analysis is provided strictly for educational and informational purposes only.
It does not constitute investment advice or a solicitation to buy/sell any securities.

Always consult a SEBI-registered financial advisor before making trading decisions.

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