SWING IDEA - FIRSTCRY (BRAINBEES SOLUTIONS LTD)

FirstCry (Brainbees Solutions), a leading omni-channel retailer for baby and kids’ products, is showing signs of a potential breakout, presenting a strong swing trading opportunity.

Reasons are listed below :

• 400 resistance zone tested multiple times — now looking ready for a breakout
  
• Attempting to break out of a 7+ month consolidation phase
  
• Volume spikes suggest accumulation by smart money
  
• Golden Fibonacci retracement support in play
  
• Price action forming higher highs, confirming bullish structure
  

Target - 500 // 540
Stoploss - daily close below 348

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