BLS E-Services – Educational Technical View

📊 BLS E-Services – Educational Technical View (SEBI Reg. INH000019886 | Learning Purpose Only) The chart shows a clear inverse Head & Shoulder structure, with the right shoulder completing near the 200–205 support zone. Price has now reclaimed both 20 EMA & 50 EMA, confirming strength. 🔍 Key Technical Highlights Right Shoulder formation completed smoothly Price holding above EMAs with steady bullish candles Bollinger Bands squeezing → expecting expansion Momentum indicators turning upward Volume improving on green candles 🎯 Edu Levels Immediate Resistance: ₹235 Support Zone: ₹212 – ₹202 Targets: • First Target: ~₹255 • Extended Target: ~₹325 (pattern projection) 📈 Summary As long as price sustains above ₹212, the bullish structure remains intact. A breakout above ₹235 can trigger the next leg toward the projected targets. ⚠️ Educational Purpose Only — AALGO BREATHS