Chinni breakoutBalrampur Chini Mills LtdNSE:BALRAMCHINythakkar23Breakout Zone: Price has surged to ₹540.70, breaking above the key resistance near ₹540. This level now flips into potential support. Momentum: RSI (14) at 66.9 indicates strong bullish momentum, but still shy of overbought levels. Volume: Rising weekly volume confirms participation in the breakout, strengthening the bullish case. Trend Context: The stock has been consolidating for months and is now showing signs of trend continuation with fresh highs. 🎯 Upside Targets (post‑breakout): Target 1: ₹560 – immediate extension above breakout Target 2: ₹590 – prior swing resistance zone Target 3: ₹620 – measured move projection from consolidation 🛡️ Stop Loss: Conservative: Below ₹520 (recent support zone) Aggressive: Below ₹500 (major structural support)