CG Power: Volatility Funnel Confirmed – The Path to 1100+CG Power & Industrial Solutions LtdNSE:CGPOWERBallaJiThe Setup: CG Power has spent the better part of the last 18 months carving out a massive Hunt Volatility Funnel. We’ve tracked the tightening price action through a series of lower highs and higher lows, specifically watching the compression between the multi-month trendline and the structural support at ₹515. The Trigger: Price has finally cleared the "High 3 & Pattern Trigger" zone around ₹760–₹780. This move signals that the supply from the 2024/2025 highs has been absorbed. The recent retest and bounce off the former trendline resistance (now support) confirms that the bulls have regained control. Key Technical Observations: Failed Pattern Rejection: The "Low 3 & Pattern Fail" zone was aggressively defended, showing high buyer conviction at higher price levels. Expansion Phase: We are now exiting the "Funnel" and entering a price expansion phase. Targets: With the pattern confirmed, I am looking for a measured move through the following technical milestones: Target 1 (Immediate): ₹802 (Tested) Target 2: ₹970 Target 3 (Structural): ₹1,052 LOG Target 3 (Extended): ₹1,176 Invalidation: A daily close back below the ₹680 level (Low 3) would invalidate this immediate bullish thesis and suggest the funnel is broadening into a wider range. Bottom Line: The accumulation phase is over. We are now playing for the compounding leg of this cycle.