TD Power Systems Ltd – Support Bounce & Reversal Watch
TDPOWERSYS
TD Power Systems is trading near ₹662 after a sharp correction from recent highs around ₹820–₹850. The latest candles show a bounce from lower levels, but the short-term trend remains bearish until key resistance zones are reclaimed.
🔎 Technical View:
• Sharp correction from recent highs
• Bounce near the ₹645 support zone
• Momentum remains weak; selling pressure persists
🔑 Key Levels:
• Support: ₹645–₹611
• Major Support: ₹577
• Resistance: ₹680–₹698
• Major Resistance: ₹714–₹749
🚀 Upside Levels: ₹698 | ₹714 | ₹749
📉 Risk: A sustained break below ₹611 may extend downside towards ₹577.
📈 Trading View: A sustained move above ₹698 may improve recovery momentum. Watch volume and price action for confirmation; failure to reclaim resistance may lead to renewed selling.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊