WELSPUN LIVING — Breakout SetupWelspun Living LimitedNSE:WELSPUNLIVvinaygupta478Current: ₹188.69 | +21% weekly — very strong momentum candle. Structure: Price has broken above the ₹169 resistance zone and the descending trendline. This is the key technical development. Trend: Price is comfortably above the ₹149 / ₹140 / ₹127 MA cluster, indicating a meaningful trend reversal rather than just a one-day bounce. Momentum: RSI 63.55 — bullish and rising, but not yet overbought. Immediate resistance: ₹190–195. Next targets: ₹205–213 (previous major high zone), followed by ₹225+ if ₹213 breaks decisively. Support: ₹169 first; ₹149–150 stronger support. Best approach: The +21% weekly move makes chasing risky. The ideal setup is a retest of ₹169–175 that holds. A sustained move above ₹190 would strengthen the continuation case, while ₹213 is the major confirmation level for a larger uptrend. Risk trigger: A weekly close back below ₹169 would weaken the breakout substantially.