FACT — Key Support Reaction After Channel Breakdown

$FACT • Price had been moving inside a falling channel after the sharp correction from the ₹1100 region • Recent move shows a strong rebound from the lower demand zone 📊 Key Price Zones • ₹910 – Major overhead resistance from prior swing supply • ₹794–₹800 – Immediate resistance zone • ₹754 – Important pivot level reclaimed after bounce • ₹624 – Strong structural support and recent demand zone ⚡ Price Behaviour • Price reacted sharply after touching the ₹624 demand region • Current move indicates a relief rally toward the mid-range resistance zone 📈 Momentum • RSI shows bullish divergence, suggesting weakening downside momentum • Momentum recovery visible after prolonged selling pressure 📊 Trend Context • The broader structure remains range-bound between ₹624 and ₹910 until a decisive breakout occurs 📢 Disclaimer: For educational and technical analysis purposes only; not investment advice. 👤 Rajneesh Sharma – SEBI Registered Research Analyst (INH000020332)