PDS Ltd – Technical View

📊 PDS Ltd – Technical View Timeframe: Daily The stock is trading in a sideways to weak structure after forming multiple rejections near the upper Bollinger Band. Price is currently hovering below the 20-DMA / middle Bollinger Band, indicating lack of momentum. Formation of Lower Highs (Top-1 & Top-2) suggests distribution and selling pressure at higher levels. 🔑 Key Levels Immediate Resistance: ₹380 – ₹385 Major Resistance: ₹405 – ₹420 Support Zone: ₹360 – ₹355 Lower Support: ₹344 – ₹330 📉 Outlook Sustained trade below ₹360 can accelerate downside towards ₹344 / ₹330. Any pullback towards ₹380–385 is likely to face selling pressure. Trend remains weak to sideways unless price reclaims ₹385 with volume. 📌 Trading Insight Sell on rise near resistance zones. Fresh strength only above ₹385 (daily close basis). ⚠️ Educational view only. Not a buy/sell recommendation. 📌 Trade with strict risk management. — AALGO BREATHS