Hazoor Multi Projects Ltd – Long Bias Price Action Setup

Hazoor Multi Projects has recently shown a strong bullish structure, suggesting accumulation and breakout potential. After a steady phase of consolidation, the stock has formed a clean sequence of higher lows — a clear sign of demand stepping in at every dip.

A strong bullish candle has broken through a key resistance zone, closing well above recent highs with little to no upper wick. This kind of breakout, especially following tight range contraction, often indicates a shift in control from sellers to buyers.

Price is now stabilizing above the breakout level, showing signs of acceptance and strength rather than immediate rejection. The recent price action suggests that previous resistance has flipped into support, offering a solid foundation for a potential move higher.

The stock also appears to be building a fresh base just above the breakout point, hinting at trend continuation. As long as price holds above this new support, the bias remains bullish.