📊 GE Vernova – Educational Technical View
(SEBI Reg. INH000019886 | Learning Purpose Only)
Price bounced sharply from the lower Bollinger Band, indicating short-term relief after a pullback.
🔍 Key Observations
Strong bounce from lower band support
Price moving back toward 20 EMA, but still facing resistance
Volume spike earlier suggests active participation
Momentum indicators improving but not fully bullish yet
🎯 Edu Levels
Support: ₹2,750 – ₹2,780
Resistance: ₹2,950 – ₹3,020
Above 20 EMA: Short-term pullback possible
📈 Summary
This is a technical bounce, not a confirmed trend reversal. Sustained strength above the 20 EMA with volume is required for further upside.
⚠️ Educational view only
— AALGO BREATHS