Edelweiss Financial Services: Prempting a Big Breakout!

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Edelweiss Financial Services: Prempting a Big Breakout!Edelweiss Financial Services LimitedNSE:EDELWEISSsatyam15🚀 Edelweiss Financial Services: Prempting a Big Breakout! 🚀 📉 CMP: ₹117 🔒 Stop Loss: ₹89 🎯 Targets: ₹145 | ₹159 | ₹195 🔍 Why Edelweiss Looks Ready for a Major Move? ✔️ Long-term Sideways Consolidation: The stock has been consolidating for several months, indicating strong base formation. ✔️ Rounding Bottom Pattern: Price structure shows a rounding bottom, suggesting accumulation at lower levels. ✔️ Box Compression: Downside has been reducing with higher lows — a bullish sign of energy buildup. ✔️ Weekly Resistance Close: Price is closing near resistance levels on a weekly timeframe, hinting at a potential breakout. 📈 Strategy: Buy in tranches, since this is a pre-breakout entry. Gradual accumulation helps manage risk. ⚠️ Clarification: This is an independent analysis based purely on technical and market study. Religare Broking Limited is not involved in this view or recommendation. 📝 Important: I am not responsible for any loss or profit. I do not charge any fees – this is purely for educational and informational purposes. 📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.