Shyam Metalics & Energy Ltd. – Bullish Recovery

🔎 Technical Observations: - Strong bullish candle with buying interest. - Recovery from ₹1,100–₹1,130 support zone. - Rising Wedge pattern visible. - Momentum indicators showing positive strength. 🔑 Key Levels: - Support: ₹1,184 | ₹1,128 | ₹1,085 - Resistance: ₹1,240 | ₹1,297 | ₹1,353 🚀 Upside Targets: - ₹1,297 - ₹1,353 - ₹1,409+ 📉 Risk Scenario: Below ₹1,184, weakness may extend towards ₹1,128 and ₹1,085. 📈 Trading View: Sustained breakout above ₹1,240 with strong volume may trigger further upside momentum. Watch the Rising Wedge pattern for possible weakness. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS SEBI REGISTERED RESEARCH ANALYST 📊