OMAXE
Media OMAXE Omaxe Limited NSE:OMAXE QuantumX-Pro MediaTechnical Analysis & Pattern Breakdown
Symbol: OMAXE (Omaxe Limited) — Daily Timeframe (NSE)
Current Price: ₹131.74 (+16.19% gain on the day)
Breakout Level: Clean horizontal breakout above the long-term resistance zone at ~₹110 - ₹112.
Volume Confirmation: Exceptional volume surge accompanying the breakout bar (24.95M volume), signaling strong institutional buying and high market participation.
Key Technical Levels
Immediate Resistance / Target 1: ₹140.00
Major Target / Swing High: ₹162.45
Immediate Support / Demand Zone: ₹110.00 - ₹112.00 (Prior resistance acting as new support)
Key Stop Loss Level: Below ₹100.00 (or structure low based on risk tolerance)
Trade Bias & Outlook
The stock has successfully printed a decisive bullish candle clearing multi-month resistance. As long as price holds above the ₹110 level on a closing basis, momentum favors continuation toward the previous major swing high near ₹162.
Disclaimer: This post is intended for educational and informational purposes only and does not constitute financial or investment advice. Always manage your risk appropriately.
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OMAXE for NSE:OMAXE by QuantumX-Pro
Technical Analysis & Pattern Breakdown
Symbol: OMAXE (Omaxe Limited) — Daily Timeframe (NSE)
Current Price: ₹131.74 (+16.19% gain on the day)
Breakout Level: Clean horizontal breakout above the long-term resistance zone at ~₹110 - ₹112.
Volume Confirmation:…
August 30, 2026 11
