🏗️ Sunteck Realty Ltd. – Strong Reversal Move

🔹 Price Action The stock surged +17.77% (₹447.70), breaking out from a falling trendline resistance and reclaiming the mid-channel zone. A bullish reversal candle is visible with strong follow-through buying. 🔹 Technical View Support Levels: ₹415 → ₹376 Resistance Levels: ₹480 → ₹510 → ₹575 Pattern: Broke out of a descending channel. Testing mid-point of larger rising channel (green lines). RSI showing bullish divergence → momentum shift confirmed. 🔹 Indicators RSI (55.87 ↑) – bullish divergence from recent lows, now moving higher. Volume (7.3M) – clear expansion → institutional participation likely. Price & RSI both broke trendline resistances → strengthening outlook. 🔹 Strength & Weakness ✅ Breakout from falling trendline. ✅ Bullish RSI divergence supports recovery. ✅ Strong volume expansion confirms demand. ❌ Overhead resistance at ₹480–₹510 zone may act as supply. 🔹 Outlook Short Term: Momentum positive, may test ₹480–₹510 zone. Medium Term: Sustained above ₹510 could open targets of ₹575+. Risk: Failure to hold ₹415 may drag back to ₹376 support. 📢 Disclaimer: This is an educational analysis, not investment advice. 🧑‍💼 Rajneesh Sharma – SEBI Registered Research Analyst (Reg. No. INH000020332). 📄 Stock market investments are subject to market risks.