Bosch tests trend support as momentum turns negative

has fallen sharply from the ₹49,000 zone and is now testing an important support area around ₹44,900. The latest green candle shows a response from the day’s low near ₹44,030, but it arrives after several heavy red candles. This makes the move a support test, not yet a confirmed recovery. The stock must show follow-through buying before the recent decline can be treated as a completed pullback. The 20-day average near ₹46,406 is above price, while the 55-day average around ₹45,955 is also acting as overhead resistance. MACD is deeply below its signal line, and the negative histogram shows that downward momentum remains strong. The rising long-term trendline near ₹44,500–₹45,000 is therefore crucial: holding it can preserve the larger uptrend, while a break would damage the structure. ₹44,500 is the key support zone. Below it, ₹43,000 may come into view. Any recovery must first reclaim ₹45,955 and then ₹46,406 to reduce the technical pressure. Auto demand, premiumisation trends and margin movement in the automotive-components cycle remain important for Bosch.