📊Aegis Logistics Ltd – Technical Setup
(SEBI Reg. INH000019886 | For Educational Purpose Only)
Aegis Logistics has formed a classic Inverse Head & Shoulder pattern on the daily chart — a strong trend reversal signal after a prolonged downtrend. Price has given a decisive move above the neckline with healthy volume confirmation, indicating renewed buying interest.
Currently, the stock is trading near ₹812, with resistance around ₹825–₹835 (200 EMA zone). A sustained breakout above this level could open the path toward ₹900+ in the short to medium term.
Momentum indicators like RSI (above 70) show strength, and the 20 EMA crossover adds further bullish confirmation.
📌Key Levels:
Support – ₹760 / ₹740
Resistance – ₹835 / ₹900
Structure – Inverse Head & Shoulder Breakout
⚠️ Disclaimer: For educational & study purposes only. Not a buy/sell recommendation.