Analyzing the current setup of Azad Engineering Ltd, we see a promising trend reversal:
🟢 Buy Level around ₹1,690, indicating a strong support zone.
🔴 Sell Target at ₹2,190, aiming for a potential 30.98% gain.
💡 Key Insights:
Strong financials with improving EPS and robust revenue growth.
Positive volume trends and a bullish divergence in indicators suggest an upcoming rally.
Multiple resistance levels indicate a clear path towards the profit target.
Is this the next breakout stock in your portfolio? Let me know your thoughts! 📊
#StockAnalysis #AzadEngineering #BreakoutStocks #TechnicalAnalysis #TradingSetup
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