Gujarat Mineral Development Corporation (

) Techno-Funda Summary Technical Structure: Stock forming a double bottom around ₹470, indicating reversal attempts. Upside space till ₹561 → ₹610 → ₹643. Previous breakout level of ₹339 is far below — strong long-term support. Indicators: EMA – Bearish RSI – Bullish PSAR – Bullish MACD – Bearish → Conflicting signals = Neutral but improving. Key Levels: Support: ₹470 Resistance: ₹561 / ₹610 / ₹643 Price Behaviour: Strong buying from the demand zone after a prolonged fall. Structure suggests a short-term trend reversal if it crosses ₹561. Fundamental Snapshot: Beneficiary of rising commodity prices. Lignite & mining demand remains solid; cash-rich PSU with improving profitability. Verdict: ➡️ Trend Reversal Attempt Underway. Early signs bullish. Strong confirmation above ₹561.