Aavas Financiers Ltd. (AAVAS)
AAVAS displays a classic "V-shape" recovery attempt following a sharp sell-off that bottomed near 1350.
There is a strong bullish rejection at the recent lows (long lower wick), followed by a vertical recovery. This indicates strong "Liquidity Sweep" activity where institutional buyers stepped in at lower levels.
The price has aggressively pierced through both moving averages 10 & 20 EMA
Resistance: 1525 and 1550.
Support: 1440 (where the moving averages are now converging).
Bullish Momentum. The sharp recovery suggests that the "Earnings" or fundamental sentiment may be shifting.
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