ELEN Major Resistance Breakout SetupEllenbarrie Industrial Gases LimitedNSE:ELLENpaisakkaranELEN is approaching a major resistance zone around ₹300–₹310. The stock has been building a higher-low structure since the March bottom and is now testing a long-term descending trendline. 🔹 Price has reclaimed the key moving averages 🔹 Higher lows are forming 🔹 ₹300–₹310 is the major breakout zone 🔹 A strong daily close above ₹310 could confirm the breakout Bullish scenario: Breakout and hold above ₹310 → potential move toward higher resistance levels. Risk: Failure to break ₹300–₹310 could result in another pullback toward ₹275–₹260 support. 🎯 Key level to watch: ₹310 This is a technical analysis idea, not financial advice. Always do your own research and manage risk.