WENDT India Ltd – Positional Swing Analysis (4H Chart)

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WENDT India Ltd – Positional Swing Analysis (4H Chart)WENDT India LimitedNSE:WENDTRajputAmarjitTechnical View WENDT India has finally shown signs of strength after a prolonged corrective phase. The stock has reclaimed its short-term moving averages and is attempting to break above a major resistance zone around ₹8,100–₹8,250, where sellers have repeatedly emerged. The recent rally is supported by improving price structure and a pickup in momentum. If buyers sustain above the current breakout area with volume, the stock could enter a fresh medium-term uptrend. Chart Structure ✅ Higher Highs & Higher Lows forming ✅ Price trading above 9 EMA, 21 EMA & 50 EMA ✅ Strong momentum after base formation ✅ Volume expansion near breakout ⚠️ Needs sustained closing above resistance for confirmation Positional Trading Setup Buy Zone ₹8,150 – ₹8,300 Support Levels ₹8,100 (Immediate) ₹7,700 (Strong Swing Support) ₹7,200 (Major Positional Support) Resistance / Targets 🎯 Target 1: ₹9,100 🎯 Target 2: ₹10,250 🎯 Target 3: ₹11,500 (Long-term positional) Stop Loss Weekly Close below ₹7,700 Risk : Reward Current Risk: ~6-7% Potential Upside: Target 1 → ~10% Target 2 → ~24% Target 3 → ~40%+ A favorable setup if the breakout sustains with above-average volume.