Technical Analysis Sasken Technologies Ltd.

The stock $SASKEN was in a long downtrend falling from previous highs near 2400 in early 2025 and finding a strong bottom near the 1000 level in early 2026. It has now aggressively reversed that trend. There has been a massive almost vertical rally taking the current price to 2181.20. It confidently smashed through previous resistance zones around 1500 and 1800. Immediate Resistance — 2270 to 2295 this is the immediate short-term supply zone based on recent daily price action and pivots. Major Resistance 2358 to 2400 this zone marks the recent 52-week high (2358.70) and the previous structural peak from early 2025 on your chart. This is a heavy supply zone where sellers previously pushed the price down. Immediate Support 2136 this is the recent intraday low where the stock found immediate buying interest. A break below this shows short-term weakness. Psychological Support 2000 round numbers naturally attract buyers. If normal profit-booking occurs after this massive rally this is the first logical cushion. Major Structural Support 1800 to 1850. If you look at the bottom right there is a giant green volume spike during this rally. This is a very positive sign showing that the upward move is backed by heavy buying pressure and strong market interest. For short-term buyers entering at the current price carries a higher risk because the stock is already extended after a massive vertical rally making it wiser to wait for a healthy pullback or consolidation near the 2000 support level. Meanwhile existing holders should comfortably ride this strong bullish momentum backed by heavy volumes using a trailing stop-loss below 1800 to protect their profits.