Vadilal Industries Breakout

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Vadilal Industries BreakoutVadilal Industries LimitedNSE:VADILALINDyashthakkar23Strong uptrend after a breakout from the long-term falling trendline. Price is currently consolidating in a tight range around ₹6,650-₹6,800, indicating bullish continuation. Bullish View Buy above: ₹6,800 (range breakout) Target 1: ₹7,100 Target 2: ₹7,500 Target 3: ₹8,000 Stop Loss: ₹6,450 (closing basis) Technical Observations Trading well above 20/50/100/200 SMA, confirming trend strength. Consolidation after a sharp rally suggests healthy profit booking rather than reversal. RSI near 64, strong but not overheated.