by RR Kabel is currently trading above the Volume Area High, indicating strong acceptance at higher levels. Price is hovering near a key resistance zone and showing signs of a potential breakout with volume expansion.
Technical View:
- Acceptance above VAH → bullish bias
- Strong base formation after consolidation
- Breakout confirmation expected on sustained price + volume
Trade Plan:
- Buy on breakout / hold above resistance
- Target: 1650
- Stop Loss: Daily close below 1345
Leave a Reply