📉 Lambodhara Textiles – Breakdown, Selling Pressure, Weak Momentum

🔹 Price Action CMP: ₹136 (-0.31%) – flat close this week. Price broke below long-term rising trendline (~₹140). Selling volume picked up, showing distribution pressure. 🔹 Technical Observations Trendline Breakdown: Multi-year uptrend support violated. Supply Zone: Heavy resistance near ₹160–165 (previous breakdown point). Weak Rebound Attempts: Every rally is facing quick selling. 🔹 Key Levels Immediate Resistance: ₹140 → ₹163. Immediate Support: ₹128. Major Support: ₹110–105 zone. 🔹 Indicators RSI ~46: Struggling below 50, bearish bias intact. Momentum: Weak; no strong reversal signals yet. Volume: Distribution phase; sellers active. 🔹 Strength & Risk ❌ Breakdown of long-term trendline weakens structure. ❌ Distribution volume suggests sellers in control. ✅ Minor support still holding near ₹128–130. 🔹 Outlook Short Term: Weakness persists below ₹140–145. Medium Term: Breakdown risk towards ₹110–105. Bullish Trigger: Only a close above ₹165 can negate bearish structure. 📌 Strategy Traders: Avoid fresh longs until price reclaims ₹150–165 zone. Investors: Wait near ₹110–120 for potential long-term support. 📢 Disclaimer: This is educational analysis, not investment advice. 🧑‍💼 Rajneesh Sharma – SEBI Registered Research Analyst (INH000020332).