Technical Analysis Vishal Mega Mart Ltd.

The stock $VMM after a heavy downtrend that started in late 2025 the stock found a solid bottom around March and April 2026. Recently it has shown a sharp V-shaped recovery shifting the market structure from a strong bearish trend to a short-term bullish bounce. Right now it is going through a small healthy pullback or consolidation phase after that fast rally. Immediate Support 116 - 120 this is the closest safety net. If the stock takes support in this zone and bounces back, it will confirm a higher low pattern which is a strong positive signal. Major Support 96 - 100 this is the rock-solid base where the major trend reversal happened. Immediate Resistance 128 - 132 the stock recently hit this zone and faced selling pressure. Buyers need to push the price above this line for the upward journey to continue. Major Resistance 136 - 140 a strong breakout above this zone will signal a much larger, longer-term trend reversal. for short-term buyers it is safer to wait for the stock to stabilize near the 116-120 support zone or wait for a clear breakout above the 128 resistance before making a fresh entry. For existing holders the recent recovery looks promising so you can comfortably hold your positions while keeping a strict stop loss below the 116 mark to protect your capital. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.