The stock $MOSCHIP is showing a strong recovery after forming a higher low around the ₹160–170 zone. The stock has recently broken above its previous consolidation and rallied toward ₹250 indicating improving buying momentum. Although the latest candle shows some profit booking near the recent high the overall price structure remains bullish as long as key support levels are protected. Volume has also improved during the recent upmove which supports the strength of the breakout. The immediate support is placed around ₹230–235 where the recent breakout has taken place. A stronger support zone lies near ₹210–215 which has acted as a demand area during previous consolidations. On the upside, the first resistance is around ₹250–255 where selling pressure has recently emerged. If the stock manages to close above this level with strong volume the next resistance is expected near ₹270–280. Existing traders can continue holding with a stop-loss below ₹230. Fresh buying is preferable only after a strong breakout above ₹255 with good volume. Chasing the stock near resistance should be avoided. The long-term structure has improved after the recent trend reversal. Investors can continue holding if they already own the stock. Fresh accumulation can be considered on dips toward strong support zones rather than after a sharp rally. A sustained move above ₹255–280 would further strengthen the long-term bullish outlook.

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