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AALGO BREATHS I SEBI RA

8th Jul · SEBI-Registered Analyst

Premier Energies Ltd – Bullish Reversal from Falling Wedge

PREMIERENE
The stock is showing a bullish breakout attempt after forming a Falling Wedge pattern, indicating improving momentum. 🔎 Technical Observations: • Bullish reversal from Falling Wedge • Strong buying near support zone • Price moving above short-term averages • Momentum improving with positive bias 🔑 Key Levels: • Support: ₹1,018 – ₹1,000 • Resistance: ₹1,082 – ₹1,104 🚀 Upside Targets: • ₹1,104 • ₹1,125 • ₹1,146+ 📉 Risk: A close below ₹1,000 may weaken the bullish setup. 📈 Trading View: 👉 Sustained move above ₹1,082 can trigger fresh upside momentum toward the mentioned targets. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊

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