🧪 AVWAP Support Retest: Will Alivus Hold This Crucial Level?

📊 AVWAP Retest Insight Alivus Life Sciences is currently testing its Anchored VWAP support zone near ₹950. This level has acted as a demand zone multiple times in the past, making it a crucial level to watch for a bounce or breakdown. 📈 Price Action Signal The recent price drop with high wick rejections near AVWAP suggests buyers are defending this level. A strong daily close above ₹970 will strengthen bullish confidence, while a breakdown below ₹940 could trigger further weakness. 🔍 Volume Confirmation Awaited Volume is yet to show a strong spike — traders should wait for volumetric confirmation to validate whether this support will hold or give way. 📊 Fundamental Snapshot Niche player in life sciences with growing export markets Revenue visibility remains strong, but margins are under pressure in the short term Debt-light balance sheet ensures long-term sustainability 🧠 Learning Insight AVWAP retests are pivotal areas where risk-reward setups become favorable. However, confirmation from price action & volume is essential before taking fresh entries. 📌 Save this for AVWAP Playbook Study 🔔 Follow for Real Market Learning Insights