Trend: Bearish, with a possible short-term recovery
Technical View: United Breweries remains under selling pressure after a sustained decline. The latest candles indicate consolidation near ₹1,194–₹1,200, with a possible recovery attempt. However, the broader trend remains weak, and a bullish reversal needs confirmation.
Support: ₹1,194, ₹1,151, ₹1,107
Resistance: ₹1,238, ₹1,276, ₹1,326
Targets: ₹1,238 → ₹1,276 → ₹1,326
Risk: A sustained break below ₹1,151 may increase downside pressure toward ₹1,107.
Trading View: A sustained move above ₹1,238 with volume confirmation could improve recovery prospects. Failure to hold ₹1,194–₹1,151 may invite further selling. Monitor price action before taking any position.
For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊