Jubilant Ingrevia – Early Recovery From Support Zone

The stock is showing signs of stabilization after a sharp correction, with price consolidating near support and attempting a recovery bounce. 🔎 Technical Observations: * Sharp decline followed by base formation * Price holding above immediate support * Recovery candles emerging near demand zone * Selling pressure easing gradually * Momentum indicators showing improvement 🔑 Key Levels: * Support: ₹620 – ₹603 * Strong Support: ₹570 – ₹536 * Resistance: ₹639 – ₹673 🚀 Targets: * ₹673 * ₹703 * ₹736+ 📉 Risk Scenario: A close below ₹603 may invite further weakness and delay recovery. 📈 Trading View: 👉 Stock is attempting a bullish recovery after recent correction 👉 Sustained move above ₹640 can trigger fresh upside momentum ⚠️ Educational purpose only. Not a buy/sell recommendation. — AALGO BREATHS 📊