ALKYL AMINES – Multi-year Falling Wedge Breakout on Weekly

After a 3-year Falling Wedge, price has broken out and is retesting the breakout zone.

Price spent 3 years inside a falling wedge and has now broken out on the weekly and is attempting a retest.

Structure since Mar–Apr ’25 has shifted to higher low → higher high on weekly.

Volume expanded on the breakout leg and cooled off on the pullback – constructive for a continuation.

Key Levels

₹1900–2050: breakout-retest zone (near current price).

₹1,800–1,850: deep support / last higher-low area (≈61.8% of the up-leg).

₹1,500–1,550: wedge lower boundary (invalidates the larger bullish thesis if lost).


Bias: Bullish while weekly structure of higher lows holds.


Targets: ₹2,380–2,450 → ₹2,650–2,750; 3500+ trail stops under prior weekly lows.


This is an educational idea, not financial advice.