NUVOCO (Trend Reversal)
NUVOCO Recovering from a deep downtrend after bottoming out near ₹330.
Price is sustaining above the immediate EMA lines. Momentum is shifting from bearish to bullish. The recent candles are mostly green with small upper wicks, showing that buyers are dominant and pushing the price higher until the market close.
The area around ₹360 (confluence of moving averages) is now the primary support. On the upside, it faces a psychological and technical hurdle at ₹390–₹400, where the previous breakdown started.
The technical analysis provided above is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell securities.
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