BREAKOUT IN VA TECH WABAG-- EDUCATIONAL PURPOSE

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BREAKOUT IN VA TECH WABAG-- EDUCATIONAL PURPOSEVA Tech Wabag LimitedNSE:WABAGmgvirus1Stock made high of 1939 in Dec 2024, after that it went down and entered consolidation phase, recovered after Feb 2026 and last week it has given fresh breakout. This week it sustained and closed above breakout level confirmed follow up buiyng. There was significant increase in volume is noticed in both the weeks. Long position can be initiated with expectation of rally to continue and extend it till 3735 TARGET : 3735 (100%) (FIBO) STOPLOSS : 1325 (-28%) On weekly closing basis RR ratio : 1:3.5 Time Horizon : 5 years ( Till July 2031) ONLY FOR INVESTMENT PURPOSE, NOT FOR SHORT TERM TRADING