📊 **Trend Analysis** 🔻 The stock is currently in a **downward channel**, as evident from the trendlines sloping downward. 📉 The price is near the lower boundary of the channel, suggesting the potential for a **bounceback** if support holds.
📍 **Key Levels** 🟢 **Support Level:** ₹985 This level has been tested multiple times in 2024, showing strong buyer interest.
🔴 **Resistance Level:** ₹1,085 The price has struggled to break past this level recently, making it a strong resistance zone.
⚠️ **Immediate short term Support:** ₹985 The price is hovering near this area, and a breach could indicate further downside.
🔬 **Volume Analysis** 📈 Volume spikes have coincided with significant price movements, especially during reversals. 📉 Currently, volume seems lower, suggesting a lack of strong buying or selling pressure.
📅 **Outlook & Strategy** 💡 If the price holds above ₹985, **bullish opportunities** may emerge, targeting ₹1,085 💔 A breakdown below₹985 could lead to a test of lower levels near ₹950. final support for the stock 915
✨ **Takeaway** 🧘♂️ Patience is key! Wait for confirmation signals before entering a trade. Look, im not a stock market professional. Just sharing for my own purpose, not yours.