Saregama India – Falling Wedge Breakout

📊 Saregama India – Falling Wedge Breakout Timeframe: Daily After a prolonged downtrend, the stock has formed a falling wedge pattern and now shows a strong bullish breakout with volume expansion. 🔎 Technical Highlights: Clear falling wedge formation (bullish reversal pattern) Strong breakout candle with momentum Bounce from ₹315–₹320 demand zone Price reclaiming 20 EMA RSI moving above 50 → momentum shifting bullish 🔑 Key Levels: Immediate Support: ₹335 Major Support: ₹320 Resistance Zone: ₹370–₹390 🚀 Sustained move above ₹360–₹370 can open upside towards: ₹380 ₹400 Volume confirmation suggests strength, but follow-through above resistance is important. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS