SHYAM METALICS – Breakout Zone Alert

Price is approaching a key resistance zone (~₹950) after breaking out of a descending channel with strong volume and RSI confirmation.
This setup indicates potential bullish continuation.

📌 Trade Plan:

Buy above ₹955

Stoploss: ₹915

Target 1: ₹1,010

Target 2: ₹1,065

Sell below: ₹915 (only if price rejects resistance with volume)

Reasoning:

Price broke long-term downtrend

Strong volume and RSI > 60

Clean resistance breakout in sight

For Education Purposes Only