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Rajneesh Sharma CFTe

11th Mar · SEBI-Registered Analyst

Roto Pumps — Downtrend Near Key Support

$ROTO • Price continues to move under a falling trendline, forming lower highs • Broader structure still reflects a corrective phase 📊 Key Price Zones • ₹76–78 – Immediate resistance from trendline rejection • ₹64 – Important pivot level • ₹58 – Immediate support where price recently reacted • ₹52–55 – Strong demand zone below ⚡ Price Behaviour • Sharp decline brought price into the ₹58 support region • Recent candles indicate buying interest emerging near the base 📈 Momentum • RSI turning upward from lower levels, indicating early momentum recovery • Suggests downside pressure may be losing strength 📢 Disclaimer: For educational and technical analysis purposes only; not investment advice. 👤 Rajneesh Sharma – SEBI Registered Research Analyst (INH000020332)

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