🧭 Key Technical Highlights: ✅ Primary Trendline: The trendline from mid-2020 lows has been tested multiple times. Latest test in early 2025 provided a sharp bounce — a textbook example of trend-following behavior. ✅ Moving Averages — Reclaimed: After a deep correction below the moving average ribbon, the price has now regained this dynamic zone. The recent BUY signal triggered suggests growing bullish conviction. ✅ Volume Action: Recovery accompanied by rising volume — institutional participation likely. Sustained volume >7M is a key tailwind. 🔄 Current Setup in 3 Words: Trendline ➜ Bounce ➜ Retest Support: ₹1,542–₹1,550: Minor horizontal level. ₹1,300–₹1,350: Major trendline base. Resistance: ₹1,700–₹1,750: First zone to monitor. ₹1,800: All-Time High resistance. 📌 Disclosures & Compliance: 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (Reg. No. INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully before investing. 📢 Disclaimer: This is for informational purposes only. Nothing herein constitutes a buy or sell recommendation. I may or may not be holding a position in the stock mentioned.

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