POKARNA has shown strong momentum with a breakout above key resistance levels. Currently trading at ₹1,223.55, with a 9.8% breakout target in sight.- Breakout from a consolidation range with strong bullish candles.
- Significant volume spike supporting the breakout.
- Resistance: ₹1,353.80
- Support: ₹1,195.45, ₹1,149.38
Trade Setup:
- Entry: ₹1,225-1,230 (near CMP or on dips).
- Stop-Loss: ₹1,190 (below support).
- Targets:
- Target 1: ₹1,353.80
- Target 2: ₹1,420
Risk Management: Position size accordingly, as markets can be volatile.
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