Aavas Financiers Limited – Strong Recovery with Trend Reversal Signs

The stock is showing a clear bullish recovery after a prolonged downtrend, with price steadily moving higher and gaining momentum. 🔎 Technical Observations: • Prior strong downtrend with lower highs & lower lows • Formation of a base followed by trend reversal structure • Higher highs & higher lows formation (early uptrend signal) • Strong bullish candles with consistent buying interest • Momentum indicators turning strongly positive 🔑 Key Levels to Watch: • Immediate Support: ₹1350 – ₹1300 • Major Support: ₹1250 – ₹1195 • Immediate Resistance: ₹1450 – ₹1500 🚀 Upside Targets: • ₹1500 • ₹1650 • ₹1750+ 📉 Risk Scenario: Breakdown below ₹1300 may weaken the bullish structure and lead to downside towards ₹1250 📈 Trading View: 👉 Stock has shifted from downtrend to early uptrend 👉 Sustaining above ₹1500 can trigger strong bullish continuation 👉 Momentum and structure both support upside ⚠️ For educational purposes only. AALGO BREATHS