$VELODROME
Market Event: Buyers defended a key level following a downside rejection and absorbed selling pressure.
Momentum Implication: The response suggests improving short-term market control.
Levels: • Entry Price (EP): Rs5.18–Rs5.32
• Trade Target 1 (TG1): Rs5.55
• Trade Target 2 (TG2): Rs5.82
• Trade Target 3 (TG3): Rs6.10
• Stop Loss (SL): Rs5.00
Trade Decision: Maintain a bullish bias while support remains protected.
Close: Holding this structure increases the chance of continuation.
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