Tega Industries Ltd – Support Zone Reversal Setup

Tega Industries Ltd is showing signs of a recovery attempt after witnessing a sharp correction, with the stock currently holding near an important support zone. Price action around the lower levels indicates fresh buying interest, while short-term momentum is showing early signs of improvement. If the stock continues to sustain above the key support zone and gradually moves towards higher levels, further upside momentum may develop. 🔎 Technical View: • Key support is seen around ₹1,570 • Important support zone: ₹1,570–₹1,550 • Fresh buying interest is visible from lower levels • Momentum is showing signs of a potential recovery • A sustained move above ₹1,661 may trigger fresh upside momentum 🔑 Key Levels: Support Zone: ₹1,570–₹1,550 Immediate Resistance: ₹1,661 Major Resistance: ₹1,707 🚀 Potential Upside Levels: ₹1,750 | ₹1,837 | ₹1,925+ 📈 Price Action View: A sustained move above ₹1,661, preferably supported by strong price action and volume, could open the possibility of a move towards the ₹1,707 resistance zone. A decisive breakout and sustained trading above ₹1,707 may further strengthen the bullish momentum, with ₹1,750, ₹1,837 and ₹1,925+ emerging as important upside levels to monitor. 📉 Risk Management: A sustained breakdown below ₹1,550 could weaken the current recovery setup and may lead to further downside pressure. Therefore, traders and investors should closely monitor price action around the support and resistance zones. ⚠️ Disclaimer: This content is shared strictly for educational and informational purposes only. It should not be considered a buy, sell, or hold recommendation. Investors should conduct their own research and consult a SEBI-registered investment professional before making any investment decision. — AALGO BREATHS 📊