VBL

Trend Primary Trend: Long-term bullish. Short-term Trend: Corrective phase after a strong rally. The stock has recently corrected from its highs and is trading below short-term moving averages, indicating temporary weakness rather than a confirmed long-term trend reversal. Technical View Bullish Scenario If VBL forms a strong reversal candle near support with good volumes, it can resume its primary uptrend. A breakout above recent swing resistance would indicate renewed buying momentum. Bearish Scenario If support fails on a closing basis, the correction may extend further before fresh buying emerges. Key Levels Immediate Support: ₹475–485 Major Support Zone: ₹455–465 Resistance: ₹510–520 Next Resistance: ₹540–550