• 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)