BIGBLOC Construction – Bullish RSI Divergence Signals Potential Trend Reversal

1. Price Showing Early Reversal Signs Price has been in a prolonged downtrend, consistently making lower highs. This week shows a strong bullish candle, suggesting the first meaningful attempt to reverse the trend. 2. Clear Bullish RSI Divergence While price continued to drift lower, RSI formed higher lows (marked in orange). This is a classic bullish reversal signal, often seen before trend bottoms. RSI pushing above 50 strengthens the momentum shift. 3. Attempt to Break the Downtrend Line Price is challenging the falling trendline for the first time in months. A decisive close above the trendline would confirm structural improvement. 4. Support Zone Holding Firm The ₹50–₹52 support region has held multiple times, indicating strong demand at lower levels. Current bounce is emerging precisely from this zone. 5. Volume Uptick Adds Confirmation Volume expansion on the recent bullish move supports accumulation interest. 📌 Summary View BIGBLOC Construction shows a promising bullish RSI divergence, trendline retest, and demand at support — all pointing toward a potential early-stage reversal. Momentum has clearly turned constructive, making this an important chart to monitor. 📢 Disclaimer: For educational and technical analysis purposes only; not investment advice. 👤 Rajneesh Sharma – SEBI Registered Research Analyst (INH000020332)