After a brutal correction from the 220 zone, Ajmera Realty is now testing the same rising structure that triggered major moves in the past. What makes this setup interesting is that price is not breaking down despite the heavy selling pressure seen over the last few months. Smart money often accumulates where retail confidence disappears, and the current zone around the long-term trendline is beginning to look like that battleground. RSI has cooled dramatically, excess optimism has been washed out, and the market is now deciding whether this correction was distribution or simply a deep liquidity sweep.
The real trigger remains unchanged: 220-225. That is where equal highs are sitting, and that is where trapped liquidity lives. A sustained breakout above that ceiling would confirm that the market has absorbed supply and is ready to target the next leg higher. Recent earnings strength suggests the business is performing far better than the stock price currently reflects, but price must prove it. Until then, the trendline remains the line in the sand. Hold the structure, and the path toward a 90%+ expansion remains open. Lose it, and the market will need more time to rebuild.
The real trigger remains unchanged: 220-225. That is where equal highs are sitting, and that is where trapped liquidity lives. A sustained breakout above that ceiling would confirm that the market has absorbed supply and is ready to target the next leg higher. Recent earnings strength suggests the business is performing far better than the stock price currently reflects, but price must prove it. Until then, the trendline remains the line in the sand. Hold the structure, and the path toward a 90%+ expansion remains open. Lose it, and the market will need more time to rebuild.
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Disclaimer
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