Authum Investment & Infrastructure Ltd – Technical View

📊 Authum Investment & Infrastructure Ltd – Technical View Timeframe: Daily The stock was earlier in a rising wedge, followed by a healthy breakdown and corrective phase. Recently, price has bounced from the lower Bollinger Band, indicating demand emerging at lower levels. The latest candle shows short-term bullish recovery, but price is still below the 20 EMA, so confirmation is important. 🔍 Key Levels Support: ₹2,550 – ₹2,500 Immediate Resistance: ₹2,800 Next Resistance: ₹3,000 – ₹3,100 📈 Outlook If the stock holds above ₹2,550 and sustains above 20 EMA, a pullback move towards upper Bollinger Band is possible. Failure to hold support may lead to sideways to weak consolidation. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS