Cello World Ltd – Weekly Inverted Head & Shoulders Breakout📊 Cello World Ltd – Weekly Inverted Head & Shoulders Breakout 🧩
📅 Chart Date: October 29, 2025 | Timeframe: Weekly
📈 CMP: ₹660.60 (+4.74%)
📍 Symbol: NSE:CELLO
🔍 Technical Overview
📉 Pattern: Inverted Head & Shoulders (Reversal Pattern)
The stock formed a clear inverted H&S structure after a long downtrend, signalling potential trend reversal.
Neckline breakout seen near ₹645, accompanied by rising volume momentum — suggesting buyer dominance.
💥 Volume Confirmation (🔊)
Weekly volume surged to 3.2M, up significantly from the average of 1.02M, validating the breakout.
📈 Next Resistance Zone: ₹745–₹780
📉 Immediate Support: ₹640 (neckline zone)
⚠️ Disclaimer
This analysis is for educational and charting purposes only. Not a buy/sell recommendation. Always do your own research before trading or investing
Long