Maharashtra Seamless Ltd – Technical View

📊 Maharashtra Seamless Ltd – Technical View The stock continues to trade in a broader downtrend, forming a Falling Wedge within a declining channel. Recent price action shows a minor bounce from lower levels, but the stock is still trading below key moving averages, indicating weak overall structure. Momentum indicators remain subdued, suggesting the move is corrective rather than a trend reversal. 🔹 Resistance: ₹540–560 🔹 Support: ₹510 | Major: ₹495 🔹 RSI: ~35–45, weak momentum 🔹 Volume: No strong accumulation seen yet 📉 Bias: Sell on rise near resistance. 📈 A sustained breakout above ₹560 with volume is required to confirm reversal. 📜 SEBI Regd RA | AALGO BREATHS (INH000019886) ⚠️ Educational only