$SPK

Market Event: Price swept overhead liquidity aggressively and forced late shorts out of position, creating a clean expansion move.

Momentum Implication: The move favors continuation if the breakout shelf now acts as support instead of reverting immediately.

Levels:

• Entry Price (EP): Rs12.95–Rs13.25

• Trade Target 1 (TG1): Rs13.95

• Trade Target 2 (TG2): Rs14.70

• Trade Target 3 (TG3): Rs15.60

• Stop Loss (SL): Rs12.38

Trade Decision: Long bias remains valid only while price accepts above the breakout base after the squeeze.

Close: If Rs12.95 stays defended, buyers likely press price into the next liquidity pocket.

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SPK

0.044502

-23.12%