Schneider Electric Infrastructure Ltd – Consolidation Near Key Resistance

📊 Schneider Electric Infrastructure Ltd – Consolidation Near Key Resistance The stock is currently trading in a consolidation phase after a strong upmove and is approaching an important resistance zone. 🔎 Technical Observations: • Prior strong uptrend followed by sideways consolidation • Formation of a bullish pennant pattern earlier • Price currently near resistance / supply zone • Structure showing range-bound movement • Momentum indicators slightly positive but lacking strong follow-through 🔑 Key Levels to Watch: • Immediate Support: ₹907 – ₹881 • Major Support: ₹855 – ₹804 • Immediate Resistance: ₹960 – ₹986 🚀 Upside Scenario: Breakout above ₹986 may trigger bullish continuation towards: • ₹1038 • ₹1064+ 📉 Downside Scenario: Failure to break resistance may lead to pullback towards: • ₹907 • ₹855 📈 Trading View: 👉 Stock is in consolidation near resistance 👉 Wait for clear breakout or rejection before taking positions ⚠️ For educational purposes only. — AALGO BREATHS 📊