Jyoti CNC Automation Ltd

is currently in a recovery phase following a significant corrective move from the ~1,050 highs. It has formed a clear base near the 900–910 zone and is attempting to reclaim structural importance. The price is currently hovering around the 986.20 level, positioned just above a cluster of short to medium term moving averages 10 and 20 EMA A critical horizontal resistance is established at the 1,000 psychological mark. The recent long upper wick on the last candle suggests localized selling pressure at this supply zone. Higher lows are being maintained since November, indicating a gradual shift in momentum toward the bulls. Immediate Resistance: 1,000 (Breakout trigger) Crucial Support: 940 - 950 (EMA/SMA confluence) Neutral to Bullish (Confirmation required above 1,000 for a fresh leg toward 1,050+).