AIA Engineering tests its rising trendline

AIA Engineering Limited ,

is trading near ₹3,814 on the four-hour chart after a sharp decline from the ₹5,000 zone. The latest candle is green, but it is still only a pause inside a larger corrective move. Price is sitting near the rising trendline that has supported the broader advance since 2022. This is the first reason to watch the stock closely. A sustained hold above ₹3,775 to ₹3,800 can keep the long-term trendline intact. A break below it can bring ₹3,650 into focus. Ichimoku is not supportive yet. Price is below the cloud, the conversion line at ₹3,845 is below the base line at ₹3,948, and the cloud between ₹3,897 and ₹4,039 is overhead resistance. The chart needs to first reclaim ₹3,845, then move above ₹3,948, before the short-term structure can improve. AIA Engineering supplies high-chrome grinding media and wear-resistant parts used by mining and cement customers. The company recently held its AGM and scheduled an analyst plant visit, keeping investor attention on operations and demand conditions. View: The rising trendline is the key support. A move above ₹3,948 would improve the setup, while a break below ₹3,775 would keep sellers in control.