KALYANKJIL

Consolidating on important Support !!!!!1

is currently trading near ₹507, holding just above a key horizontal support zone around ₹493–495, which has acted as a base multiple times in the past; price action shows weakness after failing to sustain above ₹600 levels, forming lower highs. RSI at 41 indicates mild bearish momentum but not oversold, while ADX at 34.5 signals a strong underlying trend. The MACD histogram is slightly positive with a bullish crossover attempt, suggesting possible short-term relief if support holds. Overall, the stock is at a crucial support level—sustaining above ₹495 could trigger a bounce toward ₹540–560, while a breakdown below ₹493 may lead to deeper correction toward ₹460–440.