AMBER

Downtrend Pause Sets the Stage for a Bounce

is showing early signs of a potential bullish reversal after a sharp corrective phase, with prices now stabilising near a strong demand zone around Rs 5,800–5,900. The stock has corrected meaningfully from its highs, helping cool off momentum, while rising ADX suggests selling pressure may be peaking. Any sustained hold above current levels, followed by a move past the Rs 6,200–6,300 zone, could trigger a relief rally, making the risk–reward favourable for a short-term recovery as buyers gradually step back in.