🔍 Quick Technical Snapshot: Primary Trend: Long-term uptrend intact since early 2023. Recent Move: V-shaped recovery from ₹1,700 to ₹3,200. Current Price: ₹2,821.70 (Weekly drop: -4.60%). 🔑 Key Levels: Resistance: ₹3,070–₹3,200 (recent rejection zone) Immediate Support: ₹2,700 (trendline + horizontal support) Secondary Support: ₹2,500 (prior base) 📈 Bullish Case: Holding ₹2,700 may lead to a bounce toward ₹3,200 and ₹3,500. RSI (61.64) is still in the bullish zone. 📉 Bearish Case: Breakdown below ₹2,700 could trigger a fall to ₹2,500–₹2,300. Bearish RSI divergence signals weakening momentum. Recent volume spike on a red candle indicates possible profit booking. 📌 Summary: View Support Resistance Bias Short-Term ₹2,700 ₹3,070–₹3,200 Neutral to Cautious Medium-Term ₹2,700 ₹3,500 Bullish above ₹2,700 Long-Term ₹2,500 ₹3,500 Bullish above ₹2,500 👉 Watch ₹2,700 carefully. Bounce = buy opportunity | Breakdown = caution. 📢 Disclaimer: This is for informational purposes only. Nothing herein is a buy/sell recommendation. I may or may not hold positions in the stock mentioned. 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully. 🔗 Investor Charter & SCORES complaint link available in bio.

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