CPPLUS – Bullish Setup Near Key Resistance

CPPLUS is showing signs of renewed buying interest after a period of consolidation. The recent strong bullish candle near the ₹3,950 resistance zone indicates improving momentum and the possibility of a fresh directional move if the stock sustains above this crucial level. 🔎 Technical View: • Bullish momentum is gradually improving • Price continues to hold above key support zones • RSI around 61 indicates positive momentum • A sustained breakout above ₹3,950 may strengthen the bullish trend • Price structure remains constructive above the major support zone 🔑 Key Levels: • Support: ₹3,793–₹3,635 • Major Support: ₹3,478 • Resistance: ₹3,950–₹4,107 🚀 Potential Upside Levels: • ₹4,107 • ₹4,265 • ₹4,422+ 📉 Risk Management: A decisive breakdown below ₹3,635 may weaken the current bullish setup and could indicate a loss of momentum. 📈 Trading View: A sustained move and acceptance above ₹3,950 may trigger fresh upside momentum, with ₹4,107 acting as the immediate level to watch, followed by ₹4,265 and ₹4,422+. ⚠️ Disclaimer: This content is shared strictly for educational and informational purposes and should not be considered as a buy/sell recommendation or investment advice. Please conduct your own research and follow appropriate risk-management practices. — AALGO BREATHS 📊