📊 Dynamic Cables Ltd. – Strong Recovery, Key Resistance Ahead

🔹 Current Trend: Price is in a strong uptrend within an ascending black channel. V-shaped recovery from ₹450 to ₹940. 🔹 Key Breakout: Clean breakout above ₹613 support zone. Sustaining well above prior resistance levels. 🔹 Resistance Zone: Immediate resistance near ₹940. Previous highs and upper channel may offer supply. 🔹 Support Levels: Immediate support near ₹850. Strong base support remains at ₹613. 🔹 Bullish Outlook: Trend is positive as long as the stock holds above ₹850. Sustained breakout above ₹940 could open further upside toward the upper red trendline. 👉 Summary: Bullish structure intact. Monitor price action around ₹940 for possible breakout or pullback. 📢 Disclaimer: This is for informational purposes only. Not a buy/sell recommendation. Positions may or may not be held. 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully.