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AALGO BREATHS I SEBI RA

12th Mar · SEBI-Registered Analyst

KPR Mill Ltd – Potential Reversal From Demand Zone

KPRMILL
📊 KPR Mill Ltd – Potential Reversal From Demand Zone The stock is showing signs of base formation after a prolonged correction and is attempting a recovery from the lower demand zone. 🔎 Technical Observations: • Earlier Falling Wedge structure indicating a potential reversal setup • Price forming double bottom structure near ₹800–₹820 zone • Recent bullish candle suggesting buying interest from lower levels • Momentum indicators stabilizing after oversold conditions • Price attempting to reclaim short-term resistance 🔑 Key Levels to Watch: • Immediate Resistance: ₹885 – ₹920 • Breakout Confirmation: Above ₹920 • Immediate Support: ₹820 • Major Support: ₹800 🚀 Upside Targets (If Breakout Sustains): • ₹985 • ₹1,040 • ₹1,120+ 📉 Risk Scenario: If the stock fails to hold ₹820, price may again test the ₹800 demand zone. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📈

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