Action Construction Equipment Ltd. – Bullish Reversal Setup
ACE The stock is showing strong buying interest after recovering from the ₹980 support zone. Consecutive bullish candles indicate improving momentum and potential upside continuation. 🔎 Technical Observations: • Strong recovery from recent lows. • Falling trendline breakout attempt. • Fresh buying interest with improving momentum. 🔑 Key Levels: • Support: ₹1,121 – ₹1,050 • Major Support: ₹982 • Resistance: ₹1,192 🚀 Upside Targets: • ₹1,192 • ₹1,263 • ₹1,334+ 📉 Risk Scenario: Below ₹1,050, bullish momentum may weaken. 📈 Trading View: Sustaining above ₹1,192 may trigger further upside towards ₹1,263 and ₹1,334. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊
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