Indiqube Spaces – Technical Analysis, Short Analysis

The stock

is trading around ₹202.45 on the daily chart. The stock has shown a clear recovery from the ₹135–140 zone formed around April and has gradually developed a higher-high and higher-low structure. Since July the stock has maintained upward momentum and is now trading close to the recent high zone around ₹208–210. Support & Resistance: Immediate support is around ₹195–197 followed by ₹188–190. The ₹180–182 zone is another important support area from the recent price structure. On the upside ₹208–210 is the immediate resistance zone. A sustained breakout above this area can bring the ₹220–230 zone into focus. Short-Term Buyers & Holders View: The short-term structure remains supported as long as price holds above the ₹195–197 zone and continues forming higher lows. A sustained move above ₹208–210 with stronger volume would indicate further improvement in momentum. If price breaks below ₹195 the stock may enter a deeper consolidation towards ₹188–190. Holders can monitor the ₹195 support and ₹208–210 resistance zones for confirmation of the next directional move.