SEQUENT: 12-Month Rectangle Breakout | Pharma Stock Explosion Sequent Scientific LimitedNSE:SEQUENTrmhetre15STRONG BUY Setup 🧬 Entry: ₹238-242 (Current Level) Target 1: ₹246-250 Target 2: ₹254-258 Target 3: ₹265-275+ (Extended) Stop Loss: ₹229 Technical Rationale: MASSIVE BREAKOUT from year-long rectangle consolidation (160-230 range - blue shaded area) Explosive +10.90% surge - strongest single-week move in chart history Weekly chart showing powerful bullish momentum Breakout candle with huge body - conviction move Timer shows "1d 19h" - breakout just occurred, momentum building Trading well above rising EMA - strong bullish reversal RSI spiking above 80 - extreme strength (though overbought warning) Volume at 6.98M - significant for weekly timeframe Pharma/API sector showing renewed strength 12+ months of base building = strong foundation Multiple resistance levels: 246, 250, 254 Clear support at breakout zone 229-230 Price action similar to Oct 2024 rally pattern Risk-Reward: Excellent 1:3+ ratio for extended targets Pattern: Rectangle Consolidation Breakout on WEEKLY Chart - extremely powerful setup. Year-long bases typically lead to sustained moves. Strategy: Medium to long-term positional (weeks to months) Book 20% at T1 (248), 20% at T2 (256), trail remaining 60% with SL at 235 after T1 Weekly breakouts require patience - don't exit too early Key Levels: Critical Breakout Zone: 229-230 (must hold for bullish case) Strong Resistance: 246, 250, 254 Extended Targets: 270-280 (measured move from rectangle) Major Support: 229, 220, 215 Timeframe: WEEKLY chart - this is a MAJOR positional setup for weeks/months, not a quick trade Volume Analysis: 6.98M on weekly - substantial, confirms institutional participation Sector: Pharma/Animal Health/API - Sequent is major API and animal health player Measured Move: Rectangle height (~70 points) added to breakout = Target around 300 Historical Context: Previous breakout attempts in late 2024 failed This move has strongest momentum and cleanest breakout Volume and price action suggest this time is different Disclaimer: For educational purposes only. Not SEBI registered.