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AALGO BREATHS I SEBI RA

23rd Dec · SEBI-Registered Analyst

Techno Electric & Engineering Co. – Technical View

TECHNOE
📊 Techno Electric & Engineering Co. – Technical View Timeframe: Daily The stock remains in a broader downtrend, trading below the 20-DMA and inside the lower Bollinger Band. Recent bounce looks technical in nature, indicating short-term relief after oversold conditions. 🔑 Key Levels Immediate Resistance: ₹1,150 – ₹1,180 Major Resistance: ₹1,210 Support Zone: ₹1,080 – ₹1,050 📉 Outlook As long as price stays below ₹1,180, upside is likely to be limited. Failure to hold ₹1,080 may lead to further downside towards ₹1,050 / ₹1,030. Trend reversal only on sustained close above ₹1,210 with volume. ⚠️ Educational view only. Not a buy/sell recommendation. — AALGO BREATHS

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