Schaeffler India – 1D Chart Update
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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.
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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.#TechnicalViews
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