Subros Ltd – Shakeout to Breakout Setup in ActionSubros Ltd – Shakeout to Breakout Setup in Action
NSE:SUBROS
📈Pattern & Setup:
Subros just played a textbook “shakeout and reversal” setup. After a deep shakeout candle that trapped late buyers and triggered weak-hand exits, the stock quickly regained momentum, closed strong, and reclaimed the high of the shakeout candle — a classic bullish signal.
The strong green candle closing above 1160 with sharp volume confirms buyers are back in control. This bounce from the shakeout zone shows that demand is returning with conviction.
Currently, price is positioned just below its short-term resistance near 1175. Once this level breaks with follow-through, we could see a clean rally toward 1300+.
📝 Trade Plan:
Entry: Above 1175 breakout with volume confirmation.
🚩Stop-Loss: 1100 (below the shakeout candle low).
🎯Targets:
Target 1 → 1230
Target 2 → 1305 (12% potential move)
💡Pyramiding Strategy:
1. Initiate 60% position above 1175.
2. Add rest once price sustains above 1200 on increasing volume.
3. Trail stop-loss to 1135 after crossing 1220.
🧠Logic Behind Selecting this Trade:
The stock has shown resilience after every minor dip, with each shakeout followed by a bullish engulfing or strong close — indicating absorption of supply.
This is a low-float stock (25.44%), and such setups can often give quick, sharp moves once the breakout triggers because limited free float amplifies demand-driven rallies.
It’s a perfect example of how a “shakeout candle” flips the market structure from weakness to strength when followed by volume confirmation.
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🔴Disclaimer:
This analysis is for educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before trading.
