Midwest Ltd – Retest Confirmation After Breakout (30-Min)

Midwest Ltd has shown a clean breakout–retest structure on the 30-minute timeframe, respecting both the trendline support and supply zones. The price successfully reclaimed the ₹1,140–₹1,150 range after a short pullback, confirming a bullish retest setup.

The chart highlights how historical rejections (orange circles) have turned into support retests, strengthening the validity of the breakout. If momentum sustains above ₹1,165, a continuation move toward ₹1,180+ could unfold.

🎯 Key Levels:
CMP: ₹1,160 (+3.95%)
Immediate Resistance (Retest Zone): ₹1,165 – ₹1,180
Support / Gap Zone: ₹1,130 – ₹1,145
Golden Zone (Major Support): ₹1,090 – ₹1,115
Stop-Loss: Below ₹1,120 (on 30-min closing basis)

📊 Technical View:
Ascending structure forming higher lows along trendline support.
Gap zone retested successfully, showing demand absorption.
Shortfall recovery followed by a sharp volume rise on breakout.
Sustaining above ₹1,165 may lead to a new swing leg toward ₹1,200.

🧠 View:
Midwest Ltd is showing a textbook breakout–retest structure. Sustaining above ₹1,165 with volume confirmation could trigger a quick 3–4% upside, while ₹1,115 remains the key demand zone.