Positional setup for Mahindra EPC Irrigation Ltd (NSE: MAHEPC)Technical Analysis (Daily Chart)
CMP: ~₹153
Key Levels:
Resistance around ₹155–161 (tested multiple times).
Support at ₹141.
EMA 5‑9‑20 stack is bullish and rising (~144–146 zone).
Price Action: Clean breakout above ₹153–155 signals strength.
Volume: Volume surged on the latest breakout—strong buying.
Momentum: Short-term RSI turning positive (invisible but suggested).
📌 Trade Plan
Entry: ₹156–158 on a clean breakout above resistance
Stop: ₹141 (below recent support)
Targets: ₹175 → ₹195
RR: ~1:2+, favorable for positional trade
