Jubilant Ingrevia Ltd – Bullish Reversal Near Support

The stock is showing early signs of recovery after a prolonged correction, with price bouncing from the ₹637–611 support zone and short-term momentum improving. 🔎 Technical View: • Rebound from key support zone • Bullish candle formation near ₹637 • Momentum starting to improve • RSI recovering from lower levels • Price attempting to reclaim ₹663 resistance 🔑 Key Levels: • Support: ₹637 – ₹611 • Major Support: ₹584 • Resistance: ₹664 – ₹684 • Major Resistance: ₹717 – ₹743 🚀 Targets: • ₹684 • ₹717 • ₹743+ 📉 Risk: Break below ₹611 may weaken the setup. 📈 View: Sustained move above ₹664 may support further recovery toward higher resistance levels. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊