FACT Ltd – Oversold Zone Reversal Setup Discussion

The stock is trading near key support with RSI in the oversold zone, indicating a possible short-term recovery if support holds. 🔎 Technical View: • Price near key support zone • RSI near oversold levels • Recent selling pressure remains visible • Potential bounce if buyers regain control 🔑 Key Levels: • Support: ₹789 | ₹762 • Resistance: ₹816 | ₹843–845 🚀 Targets: ₹816 | ₹843 | ₹870+ 📉 Risk: Below ₹762, further weakness may emerge. 📈 View:The setup remains cautiously positive for a potential short-term recovery, provided the stock continues to hold the ₹789–₹762 support zone. A sustained move above ₹816, preferably supported by stronger buying volume, could open the way towards ₹843–₹845 and potentially ₹870+. However, failure to hold the major support zone could lead to renewed selling pressure. Therefore, traders should closely monitor price action around the key support and resistance levels before taking any decision. ⚠️ For educational purposes only. Not a buy/sell ***** move above ₹816 can trigger a recovery towards higher resistance levels. ⚠️ For educational purposes only. Not a buy/sell recommendation.