MIDHANI 1M

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MIDHANI 1MMishra Dhatu Nigam Ltd.NSE:MIDHANIsaimandaliMIDHANI is forming a large multi-year symmetrical triangle on the monthly chart, and the current price action is approaching the upper trendline resistance around ₹450–460. A decisive monthly breakout above this zone, supported by strong volume, could signal a major bullish move, with ₹500–520 as the next potential resistance zone. However, failure to break ₹460 could lead to consolidation or a pullback toward ₹400–420. Overall, the structure is bullish with a breakout setup, but confirmation above the upper trendline is crucial. This is a technical observation, not a guaranteed price prediction or investment recommendation.