Ross tech retest doneRossell Techsys LimitedNSE:ROSSTECHythakkar23🔍 Key Observations 1. Breakout & Retest Price gave a decisive breakout above ₹800 resistance with strong bullish candles and volume expansion. The highlighted purple zone has now flipped into support (polarity change). Recent candles show a successful retest of this zone → bullish confirmation. 2. Trend Structure Formation of higher highs and higher lows after consolidation. Strong impulsive rally toward ₹1000 zone, followed by mild pullback. Current price holding above breakout zone signals trend continuation potential. 3. Momentum (RSI) RSI ~63 → comfortably in bullish zone. Not overbought → room for upside continuation. 4. Volume Breakout supported by above-average volume, indicating institutional participation. Declining volume during pullback → suggests healthy consolidation, not distribution. 🎯 Key Levels ✅ Support Zones ₹800 – ₹820 → Major demand (critical level) Below this → structure weakens 🚀 Resistance ₹1000 – ₹1050 → Immediate supply zone ₹1150+ → If momentum sustains 📈 Trade Setup (Positional) Bias: Bullish above ₹820 Entry: On dips near ₹850–₹900 OR breakout above ₹1000 with volume Stop-loss: Below ₹790 (weekly closing basis) Targets: ₹1050 / ₹1150 / ₹1200+ ⚠️ Risk Factors Failure to hold ₹800 could lead to deeper retracement toward ₹700 Watch for volume dry-up near highs → sign of exhaustion