Aeroflex | Symmetrical triangle breakout

### 📊 **Aeroflex Industries Ltd - Technical Analysis Summary (Daily Chart)**

#### 🚀 **Breakout Overview**

* **Pattern**: Symmetrical triangle breakout (tight range → explosive move)
* **Breakout Confirmation**: Massive bullish candle (+11.45%) with **volume spike (64.98M)** — over **1200% above average**
* **Breakout Level**: \~₹174–₹176

#### 🎯 **Target Projection**

* **Height of Triangle (Approx)**: ₹31.90
* **Target Price**: ₹176 (breakout level) + ₹31.90 ≈ **₹210**

#### 📌 **Key Price Levels**

* **Current Price**: ₹194.87
* **Immediate Resistance / Target**: ₹210
* **Support**: ₹186 (previous swing high and breakout retest level)
* **Stop Loss Zone**: Below ₹174

#### 📈 **Volume & Indicators**

* **RSI**: 74.80 — Overbought, but confirms strong momentum
* **EMA Confluence**:

* EMA-8: +10.89%
* EMA-21: +14.08%
* EMA-55: +13.01%
* EMA-144: +8.23%
* **RVol**: 3074.27% — Heavy institutional activity likely
* **U/D Ratio**: 5.29 — Strong buying dominance

#### 🧠 **Inference**

* **Strong bullish breakout** with rising volume and RSI confirmation.
* Good follow-through expected up to **₹210**.
* Watch for minor pullbacks or consolidation near ₹186 for potential entry on retest.

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