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Unite Technologies Financial

6th Apr · SEBI-Registered Analyst

Technical Analysis Arman Financial Services

The stock

ARMANFIN
is currently trading around ₹1515. Looking at the long-term structure the stock has been in a broad sideways to bearish consolidation after hitting peaks near ₹1800-₹1900. There is a noticeable recovery from the recent swing low near ₹1350. The green candles at the far right indicate a return of buying interest. Major resistance ₹1600 – ₹1650. This is the immediate zone where the price has previously struggled. A breakout above this with high volume would be a bullish signal. Immediate support ₹1400. This level has acted as a cushion recently. Major support ₹1300. If the stock falls below this it could lead to a deeper correction. Consolidation zone the stock is currently stuck in a range. Until it breaks out of the ₹1400–₹1700 box it might remain range-bound. The stock is in a Wait and Watch phase. While the recent bounce from the ₹1350 level is encouraging the overall structure remains capped by overhead resistance. Bullish scenario if the stock closes above ₹1650 it could target ₹1800+. Bearish scenario A breakdown below ₹1400 could bring the stock back to the ₹1300 zone. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

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