Technical Analysis Archean Chemical Industries

The

chart shows a classic V-shaped recovery following a significant downturn in late 2025. Here is a breakdown of the key technical factors. The stock faced a heavy sell-off from October to December 2025 dropping from the ₹725 levels down to a bottom near ₹490. Since late December the stock has entered a strong recovery phase. It is making Higher Highs and Higher Lows which is a hallmark of a new uptrend. The sharp bounce-back indicates that buyers have stepped in aggressively at the ₹500 psychological support level. A clean breakout above ₹600 could trigger a fast move toward ₹650 and ₹700. It is wise to keep a mental stop-loss around the ₹530 level to protect the recent gains. Technical analysis is based on historical price movement and does not guarantee future results. Always manage your risk.