📊 One97 Communications Ltd – Bullish Momentum Near Resistance
Stock is showing strong upward momentum with a Rising Wedge pattern. Price is holding above key support, but near-term caution is advised around resistance.
🔎 Technical View:
• Strong bullish structure
• Price above key support zones
• Rising Wedge formation visible
• Momentum remains positive
• RSI near 70 → watch for volatility
🔑 Key Levels:
• Support: ₹1,635 – ₹1,565
• Major Support: ₹1,538
• Resistance: ₹1,732 – ₹1,829
🚀 Upside: ₹1,829 | ₹1,926 | ₹2,023+
📉 Risk: Break below ₹1,635 may weaken the setup.
📈 Trading View: Bullish above ₹1,635; sustained breakout above ₹1,732 can support further upside.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊