Gallantt Ispat Ltd – Sharp Correction After Breakdown

$GALLANTT The stock is currently under bearish pressure after failing to sustain near higher levels, with continuous selling visible from resistance zones. 🔎 Technical Observations: • Strong rejection from upper resistance area • Formation of lower highs & lower lows • Breakdown below short-term support zones • Price trading below key moving averages • Momentum indicators remain weak and bearish 🔑 Key Levels to Watch: • Immediate Support: ₹645 – ₹630 • Major Support: ₹600 – ₹545 • Immediate Resistance: ₹690 – ₹750 🚀 Recovery Targets (If Reversal Happens): • ₹750 • ₹810 • ₹875+ 📉 Risk Scenario: Breakdown below ₹630 may extend the correction towards ₹600 and lower levels. 📈 Trading View: 👉 Stock is facing strong selling pressure after breakdown 👉 Sustained move above ₹750 is required for bullish recovery signals ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊