Black Box Ltd – Technical & Fundamental Insight
(SEBI Reg. INH000019886 | For Educational Purpose Only)
🔹Technical View:
Stock has shown a strong reversal after forming a base near ₹480.
Breakout from the falling channel with sustained volume indicates a shift from bearish to bullish structure.
RSI around 61 – steady upward momentum, signaling further upside potential if sustained above ₹570.
Key Levels:
🔼 Upside: ₹600 – ₹625 (initial targets), ₹650 (extended)
🔽 Supports: ₹545 (immediate), ₹510 (major base)
🔹Fundamental Snapshot:
Global IT solutions and digital infrastructure provider with robust enterprise client base.
Improving profitability and operating margins post-integration with AGC Networks.
Debt reduction and consistent revenue growth from data & network services support positive outlook.
💡Sustaining above ₹575 could open the next leg toward ₹620–₹650 zone.
⚠️**Disclaimer:**For educational use only. Not a buy/sell recommendation.