Vishal Mega Mart is testing a cup-and-handle breakout ahead of Q1 FY26 results. Support lies at ₹124-128, resistance at ₹128. While profits have grown 72.9% CAGR in 5 years, high valuations, low ROE, and a sharp promoter stake cut to 54.22% raise caution. Stock is up 31% YTD; retail sentiment has turned bearish.