OFSS

Technical Analysis

The stock has been following a steady **ascending trendline** since late March 2025, forming higher lows and recovering from its 52-week low. It recently faced resistance around ₹9,515, a key horizontal barrier that has been tested twice but not breached. The current price (\~₹9,074) shows a mild correction from that level, but it is still trading above the trendline, indicating that the **uptrend remains intact** as long as it holds above ₹8,900–₹8,800. If the price breaks below this rising support, we could see a deeper pullback toward the next horizontal support around **₹7,988**. On the upside, a decisive breakout above ₹9,515 may open the door for a rally toward ₹10,000+. Volume is relatively muted, so a breakout should ideally be accompanied by higher participation to confirm strength. Traders should watch the trendline and resistance zone closely for the next move.