SCHAEFFLER

- triple Top

I am watching a potential triple top forming near the ₹4,400–4,450 resistance zone, where sellers have stepped in on three separate occasions. The MACD has turned bearish, suggesting momentum is fading and increasing the probability of further consolidation or downside in the near term. I would become constructive only on a decisive breakout above this resistance, as repeated rejections continue to keep the bulls on the back foot.