Finotex Cables Ltd – Bullish Momentum Setup

📊 Finotex Cables Ltd – Bullish Momentum Setup
The stock is showing strong bullish momentum after a sharp breakout from the ₹1,200–₹1,280 zone. Price is holding above key support levels with improving volume and positive momentum, indicating continued buying interest.
🔎 Technical View:
• Strong bullish price structure
• Breakout above ₹1,370 zone
• Higher-high formation visible
• Volume supports the recent move
• Momentum remains positive
🔑 Key Levels:
• Support: ₹1,374 – ₹1,278
• Major Support: ₹1,224 – ₹1,181
• Resistance: ₹1,470 – ₹1,567
🚀 Targets:
• ₹1,470
• ₹1,567
• ₹1,663+
📉 Risk: Below ₹1,278, bullish momentum may weaken.
📈 View: Sustained move above ₹1,470 can open further upside towards ₹1,567 and higher levels.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊