UNITDSPR

Technical Analysis

is moving in a sideways range after a prolonged downtrend. The stock has formed a support base around 1270–1250 and is facing resistance near 1360. Price is currently trading in the middle of this zone at 1297, showing consolidation. A breakout above 1360 with strong volume could trigger an upward move towards 1450–1500, while a breakdown below 1250 may extend weakness towards 1200–1180. Until then, the stock is likely to remain range-bound between these levels.