Firstsource Solutions Ltd – Technical Setup (SEBI Reg. INH000019886 | For Educational Purpose Only) Firstsource Solutions Ltd is showing signs of a strong bottom formation after a prolonged consolidation phase. The stock has rebounded from the lower Bollinger Band and is now sustaining above the 20 EMA and 50 EMA — indicating a possible short-term trend reversal. Increasing volume activity and RSI crossing above 60 suggest strengthening momentum. On the daily chart, the stock is approaching a descending trendline resistance near ₹375–₹385, where a breakout close above this zone could trigger fresh upside momentum. 📈 Technical Outlook: Price testing upper Bollinger Band RSI (~69) entering bullish territory 20 EMA likely to cross above 50 EMA Expanding volume indicates early accumulation 📌 Key Levels: Support: ₹345 / ₹320 Resistance: ₹375 / ₹390 Breakout Zone: Above ₹385 Pattern Type: Descending Channel Breakout (in progress) 🎯 Upside Potential: Once the breakout is confirmed, the stock could move toward ₹420–₹450 in the short term, with a positional projection up to ₹500. ⚠️ Disclaimer: For educational and study purposes only. This is not a buy/sell recommendation.