🔹 Price Action Sundram Fasteners is trading at ₹1,020, showing signs of stabilization after a prolonged correction. The stock has held above the crucial ₹923–₹959 support zone, and momentum indicators suggest a possible reversal ahead. 🔹 Technical View Support Levels: ₹923 / ₹959 Resistance Levels: ₹1,077 / ₹1,250 (channel upper bound) Trend Channel: Price continues to respect the broad upward channel, indicating the long-term uptrend is intact. RSI: Shows a bullish divergence, suggesting that downside momentum is fading. OBV (On-Balance Volume): Rising steadily, hinting at accumulation despite price correction. 🔹 Strength Indicators Bullish RSI divergence confirms potential reversal strength. Rising OBV signals that smart money is flowing into the stock. A breakout above ₹1,077 could push the stock towards the ₹1,200–₹1,250 zone. 🔹 Outlook As long as ₹923 support holds, the stock remains structurally bullish. If it sustains above ₹1,077, the next leg of the rally could unfold towards ₹1,200–₹1,250 within the channel. 📢 Disclaimer: This is for informational purposes only. Nothing herein constitutes a buy or sell recommendation. 🧑‍💼 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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