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AALGO BREATHS I SEBI RA

18th Mar · SEBI-Registered Analyst

Asahi India Glass Ltd – Early Reversal Attempt

ASAHIINDIA
📊 Asahi India Glass Ltd – Early Reversal Attempt The stock is showing signs of recovery from lower levels after a prolonged downtrend, with early indications of buyer interest and short-term reversal setup. 🔎 Technical Observations: • Price bounced from strong demand zone near ₹850–₹880 • Formation of higher low structure on short-term basis • Recent bullish candle with volume spike • Momentum indicators trying to reverse from oversold zone • Price attempting to reclaim nearby resistance levels 🔑 Key Levels to Watch: • Immediate Resistance: ₹914 – ₹922 • Breakout Level: Above ₹922 📈 Upside Targets: • ₹981 • ₹1,013 • ₹1,083+ 📉 Support Levels: • ₹880 (Immediate Support) • ₹850 (Major Support) ⚠️ Risk Scenario: Break below ₹880 may weaken the setup and lead to further downside. — AALGO BREATHS 📈 For educational purposes only

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