Chambal at a Turning Point – Reversal in Motion?

– Technical View (1D Chart) Downtrend Exhaustion: Stock ne April–June mein strong downtrend diya (₹742 → ₹530), but ab correction seems to be stabilizing near ₹530–540 zone. Last few candles are forming a base / rounding bottom structure, indicating seller fatigue. -> Horizontal Resistance at ₹563.80 Price currently testing this level again. A daily close above ₹564 with volume could confirm a short-term trend reversal. -> Volume & Momentum Volume contraction + tight range after sharp fall = typical accumulation zone before reversal. Strong Support:- ₹531–540 immediate Resistance (Breakout trigger) :- ₹563–565 Target zone (Recent breakdown level):- ₹622 After months of correction, Chambal is stabilizing near a demand zone. A clean breakout above ₹564 could change the trend tide in favor of bulls.