has shifted into a short-term bullish structure, forming higher highs and higher lows after a strong rebound from recent lows.
Key Support & Resistance:
Immediate Support: 460 – 455 (20 EMA zone)
Major Support: 440 – 430
Resistance: 480 – 495 (previous supply area)
Indicators:
Price is trading above 10 EMA and 20 EMA
Short-term EMA crossover supports bullish momentum
Momentum indicators show improving strength
Price Action Insight:
A strong bullish candle followed by tight consolidation indicates healthy continuation, provided the stock holds above the 455 support zone.
Technical Outlook:
Bullish with caution. Sustained strength above 455 keeps upside momentum intact resistance near 490–495 remains key.