Breakout Build-up in SMCGLOBALSMC Global Securities Ltd. (India)NSE:SMCGLOBALTrendxincSMC Global Securities – Breakout Build-up with Volume Expansion SMCGLOBAL 📈Pattern & Setup: SMC Global Securities is currently showing a descending trendline breakout pattern on the daily chart. After months of sideways consolidation, the stock has started moving up with steady buying volume near the trendline resistance. The structure resembles a falling channel breakout in progress, which usually indicates a trend reversal from down to up. Volume has recently picked up — a positive sign that accumulation might be underway. If the stock manages a close above 147–150, it could trigger a quick rally toward 170–180 zones. The breakout zone aligns well with previous supply, making it an important level to watch. 📝 Trade Plan: Entry: Above 148–150 with strong volume confirmation. 🚩Stop-Loss: 138 (below near-term support). 🎯Targets: Target 1 → 165 (short-term resistance). Target 2 → 180 (measured move target, ~23% upside). 💡Pyramiding Strategy: 1. Enter initial 50% position above 148 breakout. 2. Add the remaining once price sustains above 155. 3. Trail stop-loss to 145 once price crosses 160. 🧠Logic Behind Selecting this Trade: The stock has shown steady recovery from its base with multiple higher lows, signaling strength returning. The descending trendline has acted as a cap for months — a breakout here with volume can open the door for a fresh short-term uptrend. Keep Learning. Keep Earning. Let’s grow together 📚🎯 🔴Disclaimer: This analysis is for educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before making any investment or trading decisions.