BHARATFORG

Technical Analysis

Ltd is currently facing resistance around the ₹1,300–1,310 zone after a strong recovery from its March 2025 lows near ₹950. The stock recently broke above the key supply zone marked between ₹1,240–1,270 (highlighted in yellow) but is now showing signs of hesitation, suggesting a retest of this breakout level. As long as it sustains above ₹1,240, the bullish structure remains intact; however, a breakdown below this level may trigger further downside towards ₹1,075. Volume remains relatively muted, indicating a lack of strong conviction among buyers at current levels.