APOLLO rectangular consolidation Breakout - Good volume

Here’s a **technical analysis summary for APOLLO MICRO SYSTEMS LTD** based on the chart you provided:

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### 📊 **APOLLO MICRO SYSTEMS LTD – Weekly Chart Summary**

* **Trend:** ✅ **Breakout Confirmed**

* Price has broken out above the rectangular consolidation zone after nearly a year of sideways movement.

* **Breakout Zone:**

* Resistance broken: **₹140.45**
* Consolidation range: ₹92.87 to ₹140.45

* **Target Projection (based on rectangle height):**

* Rectangle height = ₹47.58
* Projected Target = ₹140.45 + ₹47.58 = **₹188.03**

* **Current Price:** ₹145.92 (as of last weekly candle)

* **Volume Analysis:** 🔼

* Recent volume spikes confirm breakout strength.
* Volume > average, indicating institutional interest.

* **Support Levels:** * Lower: ₹92.87 (bottom of range)

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### 📌 **Technical View:**

**Bullish outlook.** The breakout from a long accumulation phase with strong volume is a classic bullish signal. Price may face resistance around ₹157.79 and ₹161.70, but overall sentiment favors upside towards ₹188.

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