GMDC – Bullish Reversal After Falling Wedge Breakout

The stock is showing a strong recovery after breaking out of a falling wedge pattern, indicating renewed buying momentum. 🔎 Technical Observations: • Falling wedge breakout confirmed • Strong bullish candle with buying interest • Price moving above short-term support • Momentum improving gradually 🔑 Key Levels: • Support: ₹600 – ₹585 • Major Support: ₹570 – ₹542 • Resistance: ₹631 – ₹660 🚀 Upside Targets: • ₹631 • ₹660 • ₹690+ 📉 Risk: A close below ₹585 may weaken the bullish setup. 📈 Trading View: 👉 Positive bias while above ₹600. Sustained move above ₹631 can trigger fresh upside momentum. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊