$SJVN Falling wedge

• **SJVN is trading inside a falling wedge**, a pattern that is typically considered a bullish reversal structure when it develops after a correction. • **Support:** ₹70–71 (lower wedge boundary) | **Resistance:** ₹74–75 initially, followed by the wedge breakout zone near ₹76–77. Price is currently sitting near the lower half of the pattern, offering a favorable risk-reward setup. • A decisive close above **₹76–77** would confirm the wedge breakout and could trigger a move toward **₹82–85**. The pattern remains valid as long as the stock holds above **₹70** and stays within the wedge structure. $SJVN