Premier Energies Ltd – Technical View

📊 Premier Energies Ltd – Technical View Timeframe: Daily The stock is in a clear downtrend, trading below the 20-DMA and near the lower Bollinger Band, indicating weak momentum. After a sharp sell-off, price is attempting a minor pullback, but overall structure remains bearish to sideways unless key resistances are reclaimed. 🔑 Key Levels Immediate Resistance: ₹920 – ₹940 Major Resistance: ₹1,000 Support Zone: ₹880 – ₹860 Lower Support: ₹840 📉 Outlook As long as price stays below ₹940, upside is likely to be capped. Breakdown below ₹880 can extend downside towards ₹860 / ₹840. Trend reversal will be confirmed only on a sustained close above ₹1,000 with volume. ⚠️ Educational view only. Not a buy/sell recommendation. — AALGO BREATHS