Escorts Kubota Ltd – Bearish Structure with Weak Momentum

📊 Escorts Kubota Ltd – Bearish Structure with Weak Momentum The stock is currently under selling pressure after a failed recovery attempt and is showing signs of continued weakness. 🔎 Technical Observations: • Clear downtrend with lower highs & lower lows • Breakdown from consolidation zone confirming weakness • Price trading below key resistance levels • Strong selling pressure with rising volume on red candles • Momentum indicators in bearish zone 🔑 Key Levels to Watch: • Immediate Resistance: ₹3030 – ₹3150 • Major Resistance: ₹3270 – ₹3330 • Immediate Support: ₹2910 – ₹2790 🚨 Downside Targets: • ₹2790 • ₹2670 • ₹2550 📈 Pullback Scenario: Any bounce towards ₹3030–₹3150 can act as a selling opportunity unless strong breakout happens. 📉 Risk Scenario: Sustained move above ₹3330 may invalidate the bearish structure and shift trend to neutral. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📉