EMCURE PHARMA | Approaching Key Resistance | Breakout or Triple

⚙️ Technical Setup Highlights:
Price is testing a resistance zone around ₹1100, which has been rejected twice before (as indicated by black arrows).

Volume has picked up on the recent move up — indicating buying interest.

RSI is turning up from near the 50 level, signaling positive momentum.
📈 Trade Plan:
🔹 If Price Breaks Above ₹1110-1120 with Volume:
Buy above ₹1120 (wait for a breakout candle with volume)

Target 1: ₹1180

Target 2: ₹1240

Stoploss: ₹1070 (just below the breakout level)

🔻 If Price Rejected at ₹1100-1120 Zone Again:
Sell near ₹1100-1110 (on bearish reversal candle confirmation)

Target: ₹1020

Stoploss: ₹1130

🎯 Ideal Strategy:
Wait for confirmation — either a clean breakout above ₹1120 or a rejection signal at resistance. Avoid trading within the zone.

for educational purposes only