Technical Analysis Quality Power Electrical Equipments Ltd.

The stock $QPOWER has shown an impressive bull run in early 2026 skyrocketing from around ₹600 to a peak near ₹1450. After hitting its peak the stock entered a healthy cooling-off phase profit booking dropping down to the ₹1000–₹1050 range. The stock has successfully defended its crucial support levels and is now staging a solid bounce-back reversal. The short-term structure is turning positive again. Crucial Support & Demand Zone ₹1050 – ₹1000 this is the make-or-break zone. The stock recently hit this area formed a base and refused to fall further. As long as it stays above ₹1000 the overall structure remains bullish. Supply Zone ₹1200 this is the immediate hurdle. The stock needs to cross and sustain above this line to clear out short-term sellers. ₹1450 once ₹1200 is taken out the doors open for a retest of its previous high. For short-term buyers a fresh entry can be taken on a clean breakout above the ₹1200 resistance level or on small dips closer to ₹1120 keeping a target of ₹1300 and a strict stop-loss below ₹1050. Meanwhile, existing holders should comfortably hold their positions as the stock has successfully formed a strong base around ₹1050 and is showing early signs of a bullish reversal.