SKF India - Upside breakout after 9 months

has been in a prolonged downtrend, but the recent price action is showing the first signs of a possible reversal after breaking above the falling trendline. The ₹1,450–1,500 zone remains the key long-term support, and holding above this area keeps the recovery attempt alive. On the upside, ₹1,700–1,750 is the immediate resistance zone; a sustained breakout above this can push the stock toward ₹1,850 and ₹2,150. As long as ₹1,450 holds, the recent trendline breakout is constructive, but a break below ₹1,450 would turn the setup bearish again.