Downtrend Correction : The stock has been falling from recent highs but is near key support (~₹412).
Descending Trendline : Price is trying to break above the downward sloping line; a breakout could signal a bullish reversal.
Fibonacci Targets : Potential upside targets are around ₹485, ₹506, and ₹557 if the breakout holds.
Risk Level: A break below ₹412 support may lead to further downside.
Descending Trendline : Price is trying to break above the downward sloping line; a breakout could signal a bullish reversal.
Fibonacci Targets : Potential upside targets are around ₹485, ₹506, and ₹557 if the breakout holds.
Risk Level: A break below ₹412 support may lead to further downside.
Note
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