Fusion Microfinance | Fresh Breakout Above ₹190 | Swing Setup

Stock: Fusion Microfinance Ltd
Timeframe: 1D (Daily)

Fusion has successfully broken out above the ₹188–₹190 resistance zone on strong volume. The breakout indicates a possible trend continuation after a long consolidation.

📊 Trade Plan:
• Entry Zone: ₹193–₹196
• Stop-Loss: ₹182 (below breakout zone and swing low)
• Target 1: ₹210
• Target 2: ₹225
• Target 3: ₹240 (if momentum continues)

🔍 Setup Highlights:
• Clean horizontal range breakout
• Volume spike confirms buying strength
• Still below 200 EMA (longer-term resistance near ₹250–₹260)

🔧 Ideal for swing traders looking for breakouts with defined risk.

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🔻 Disclaimer:

This chart idea is for educational purposes only and does not constitute investment advice. Trading and investing involve risk. Always consult a financial advisor before making any decisions.