Technical Analysis Carysil Limited.

The stock

is downtrend throughout 2022 the stock found a solid bottom in early 2023 near the 400-500 zone. Since then it has shifted into a structural uptrend clearly forming higher highs and higher lows. This indicates that the broader long-term momentum has turned positive. Resistance the major hurdle for the stock lies in the 1000 to 1050 range. The price has tested this area and faced selling pressure making it a critical breakout ceiling to watch. Support immediate strong support is visible around the 800 to 850 level. The stock recently bounced perfectly from this zone confirming it as an area where buyers are stepping in. Short-Term Buyers entering near the current 910 level is a decent setup but a strict stop-loss must be placed just below the 800 support to protect capital. Existing Holders you can comfortably hold your current positions since the stock recently bounced strongly and the upward structure remains completely intact. Immediate Target expect the price to move upward to retest the major resistance ceiling between 1,000 and 1,050 in the near term.