1 Min Read
Stock: Wanbury Limited (1D – NSE)
Setup:
After a consolidation phase, the stock shows a strong bullish breakout supported by a volume burst, indicating buying interest.
Entry:
Around ₹268 – ₹270 (near breakout zone)
Stop Loss (Exit):
Around ₹250 – ₹255 (below support / moving average)
Target:
Around ₹330 – ₹335
Risk–Reward:
Approx 1 : 2.5+ (favorable setup)
Analysis:
- Breakout backed by high volume
- Price moving above short-term average
- Higher highs formation starting
- Momentum likely to continue if it sustains above entry zone
Note:
Wait for confirmation (strong candle close or retest) before entry to reduce risk.
