Devyani International Ltd – Technical View

📊 Devyani International Ltd – Technical View Timeframe: Daily The stock has been in a prolonged downtrend, but recent price action shows a short-term pullback from the lower Bollinger Band with improving volumes. Price is attempting to move back above the 20-DMA, indicating early recovery signals, though the broader trend is still range-bound to weak. 🔑 Key Levels Immediate Resistance: ₹148 – ₹152 Major Resistance: ₹165 – ₹170 Support Zone: ₹136 – ₹132 Lower Support: ₹125 📉 Outlook Sustaining above ₹152 can lead to further upside towards ₹165 / ₹170. Failure to hold ₹136 may bring renewed selling pressure towards ₹132 / ₹125. Strong trend confirmation only on a decisive close above ₹170 with volume. ⚠️ Educational view only. Not a buy/sell recommendation. — AALGO BREATHS