Trend: Rising inside well-defined ascending channel. ✅ Price recently bounced from mid-channel (~1062 zone) — now testing upper channel boundary (~1385-1400). ✅ Current weekly candle strong & bullish, with increasing volume — suggests momentum intact. ✅ Immediate Resistance: 1385-1400 ✅ Immediate Support: 1238 Next supports: 1062 → 880 Volume: Strong volume surge during the rally from 1060 → 1350, confirming institutional interest. Bullish case: Break & sustain above 1400 → targets: 1475-1500. Bearish case: Rejection near 1400 → pullback to 1238 or deeper to 1062 possible. Summary: Trend-following buy bias remains valid above 1062. Watch 1400 zone closely — past rejection area. Strong structure as long as price holds trend channel. 📢 Disclaimer: This is for informational purposes only. Nothing herein constitutes a buy or sell recommendation. I may or may not be holding a position in the stock mentioned. 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (Reg. No. INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully before investing.

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