TBO Tek Ltd – Bullish Breakout Setup
📊 TBO Tek Ltd – Bullish Breakout Setup
The stock is showing renewed buying interest after consolidation, with a strong bullish candle near the upper range and improving momentum.
🔎 Technical Observations:
• Rising Wedge formation
• Strong bullish candle near resistance
• Price holding above key support
• Momentum turning positive
🔑 Key Levels to Watch:
• Immediate Support: ₹1,712 – ₹1,675
• Major Support: ₹1,638 – ₹1,600
• Immediate Resistance: ₹1,787 – ₹1,825
🚀 Upside Targets:
• ₹1,825
• ₹1,862
• ₹1,900+
📉 Risk Scenario:
Breakdown below ₹1,675 may weaken the setup and lead to further consolidation.
📈 Trading View:
👉 Sustained move above ₹1,787 may trigger fresh bullish momentum toward higher targets.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊