Bullish Breakout Setup
CMP: ₹5,277 (testing resistance)
Key Levels:
Support: ₹4,800 (strong base)
Targets: ₹5,600 → ₹6,000 → ₹6,400
️ Stop Loss: ₹4,400 (below recent swing low)
Technical Edge:
• TEMA (5,9,20) showing bullish alignment
• SuperTrend (10,3) in buy mode
• Higher highs formation intact
Fundamental Check:
• NBFC sector revival play
• Consistent dividend payer (check yield)
Trade Plan:
Enter 50% at current levels
Add 50% on close above ₹5,300
Trail SL to ₹5,000 after ₹5,600 break
#SundaramFinance #NBFCstocks #BreakoutAlert #PositionalTrading
[Pro Tip: This stock moves 10-15% in trending phases – be patient!]