$CRAFTSMAN Rising channel

• Craftsman Automation continues to respect a well-defined rising channel, with price consistently making higher highs and higher lows since 2022. The primary trend remains firmly upward. • Support: ₹8,500–8,700 (channel support) followed by ₹7,300 | Resistance: ₹9,500–10,000 near the upper channel boundary. Price is currently trading close to the upper half of the channel, reflecting strong momentum. • As long as the stock remains within the channel, the trend favors the bulls. A breakout above the upper channel could trigger an acceleration phase, while dips toward the lower half of the channel are likely to attract buyers. $CRAFTSMAN