Andhra Sugars Ltd - Weekly Chart📊 Andhra Sugars Ltd – Trendline Breakout on Weekly Chart 🚀
📅 Chart Date: October 12, 2025 | Timeframe: Weekly
📈 CMP: ₹81.78 (+9.01%)
📍 Symbol: NSE:ANDHRSUGAR
🔍 Technical Analysis
📉 Downtrend Line Broken After Months of Consolidation
The stock had been trading under a strong falling trendline since mid-2024.
This week’s bullish candle successfully closed above the trendline, indicating a potential reversal from the long-term downtrend.
💥 Volume Confirmation
Noticeable rise in weekly volume (1.84M) compared to the recent average of 1.06M, showing buying interest emerging from the support zones.
🟡 Key Resistance Level: ₹122.91 (previous swing high from June 2024).\
A breakout and weekly close above ₹123 could confirm a major trend reversal and open up higher targets.
📌 Key Levels
Immediate Support (Breakout Retest Zone): ₹75–₹77
Resistance Zone: ₹122.91
Next Targets: ₹95 / ₹110 / ₹123
Stoploss (Weekly Close Basis): ₹70
⚠️ Disclaimer
This analysis is for educational and charting purposes only. Not financial advice. Please do your own research before making any investment decisions.
