SANGAM (INDIA) LTD – Volume Breakout with Bullish MomentumCMP: ₹466.6
🟢 Buy Zone: ₹460–465 (on minor pullback or consolidation)
🎯 Targets:
Target 1: ₹481
Target 2: ₹490
Target 3: ₹497
🔻 Stop Loss: ₹447 (below recent swing low)
⏳ Duration: 5–10 trading days (short-term swing setup)
SANGAM (India) Ltd has shown a strong bullish breakout above the resistance zone with a surge in volume (see chart). The RSI reversal from mid-levels confirms renewed momentum. Sustaining above ₹457 could push price towards ₹490–₹497 levels in the coming sessions. A healthy retest near ₹460–₹465 offers a low-risk entry opportunity.
Risk–Reward: 1:2.5 (Favorable for short-term swing traders)
⚠️ Disclaimer:
This analysis is for educational purposes only and not financial advice. Always do your own research before investing or trading.
