Technical Evaluation: Cupid Limited, Support and Resistance

The stock

is in a strong primary uptrend on the daily timeframe. The stock has delivered a massive multi-bagger rally throughout 2026 rising steadily from below 80 to recent all-time highs near 370. Following the latest sharp momentum surge the price action is currently undergoing a minor pause and pullback near its peak. Immediate Support 320 – 330 The 320 to 330 zone acts as immediate short-term support. This level marks the recent swing reaction low and short-term base. Major Base Support (280 – 300) If a deeper pullback develops the 280–300 band provides critical structural demand. This zone served as a multi-week consolidation base during August and September before the latest breakout. Immediate Resistance 365 – 375 The all-time high zone near 365–375 is the primary overhead resistance barrier. A decisive breakout and daily closing above 375 is needed to resume the upward impulse. For short-term traders entering immediately carries downside risk because the stock is extended from its primary base. A safer approach is to wait for the price to stabilize around support show volatility contraction or wait for a clean breakout above 375 on rising volume.