SEDEMAC Mechatronics – Technical Analysis

The stock

is showing a strong bullish trend on the daily chart, with a sharp rally from around ₹1400 to ₹3600. However the stock has recently corrected from its peak and is consolidating near ₹3250. The broader uptrend remains intact but short-term momentum has weakened following the recent pullback. Support & Resistance: Immediate support is around ₹3150–3200 followed by ₹3000–3050. On the upside ₹3300–3350 is the first resistance zone followed by ₹3450–3600. Short-Term Buyers & Holders View: Short-term participants can monitor whether the stock sustains above ₹3150–3200 and moves back above ₹3300–3350 with strong volume. A breakout could support another upward move. A breakdown below ₹3150 may extend the correction toward ₹3000–3050. Holders can watch whether the stock forms higher lows and regains upward momentum.