TBO Tek Ltd – Recovery from Falling Wedge Pattern

📊 TBO Tek Ltd – Recovery from Falling Wedge Pattern The stock is showing early signs of recovery after a prolonged downtrend and a falling wedge breakdown phase. 🔎 Technical Observations: • Prior strong downtrend with lower highs & lower lows • Formation of a falling wedge pattern (potential reversal setup) • Price bouncing from lower levels with improving structure • Gradual increase in buying interest • Momentum indicators turning positive 🔑 Key Levels to Watch: • Immediate Support: ₹1125 – ₹1065 • Major Support: ₹1020 – ₹960 • Immediate Resistance: ₹1214 – ₹1250 🚀 Upside Targets: • ₹1250 • ₹1312 • ₹1380+ 📉 Risk Scenario: Breakdown below ₹1065 may invalidate the recovery and lead to further downside towards ₹1020 📈 Trading View: 👉 Stock is in early recovery phase after downtrend 👉 A breakout above ₹1250 can confirm bullish reversal ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊