Jyoti CNC Automation Ltd – Technical & Fundamental Insight

Jyoti CNC Automation Ltd – Technical & Fundamental Insight (SEBI Reg. INH000019886 | For Educational Purpose Only) 🔹Technical View: Jyoti CNC has formed a Falling Wedge pattern on the daily chart — a classic bullish reversal setup after a corrective phase. The stock has given a breakout above the wedge resistance with strong volume confirmation, signaling renewed buying interest. RSI around 53 indicates improving momentum and a potential continuation on the upside. Key Levels: 🔼 Upside: ₹950 – ₹980 (initial), ₹1,020+ (extended) 🔽 Supports: ₹870 / ₹830 💡 Sustain above ₹900 zone could open the path toward ₹980–₹1,020 in the short term. 🔹 Fundamental Snapshot: A growing precision engineering & industrial automation company with an expanding order book and improving execution strength — supporting a positive long-term outlook. ⚠️Disclaimer: For educational use only. Not a buy/sell recommendation.