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Umang Bhutada

1st Mar · SEBI-Registered Analyst

Schaeffler India – 1D Chart Update

SCHAEFFLER
Strong breakout move visible on daily timeframe. Stock has reclaimed 4,390 zone, which was acting as a major resistance earlier. Momentum expansion after a long consolidation phase suggests bullish intent. Key Levels: Resistance – 4,752 / 4,960 Immediate Support – 4,390 Major Support – 3,696 / 3,506 Sustained hold above 4,390 keeps the structure positive. If momentum continues, next upside zones are placed near 4,750+ levels. 📲 Join for regular market insights: ***** Disclaimer: SEBI Registered Research Analyst. This content is strictly for educational purposes only. No buy/sell recommendation. Please consult your financial advisor before taking any investment decision.

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