Aavas Financiers Limited – Strong Recovery with Trend Reversal Signs

The stock is showing a clear bullish recovery after a prolonged downtrend, with price steadily moving higher and gaining momentum.

🔎 Technical Observations:
• Prior strong downtrend with lower highs & lower lows
• Formation of a base followed by trend reversal structure
• Higher highs & higher lows formation (early uptrend signal)
• Strong bullish candles with consistent buying interest
• Momentum indicators turning strongly positive

🔑 Key Levels to Watch:
• Immediate Support: ₹1350 – ₹1300
• Major Support: ₹1250 – ₹1195
• Immediate Resistance: ₹1450 – ₹1500

🚀 Upside Targets:
• ₹1500
• ₹1650
• ₹1750+
📉 Risk Scenario:
Breakdown below ₹1300 may weaken the bullish structure and lead to downside towards ₹1250
📈 Trading View:
👉 Stock has shifted from downtrend to early uptrend
👉 Sustaining above ₹1500 can trigger strong bullish continuation
👉 Momentum and structure both support upside
⚠️ For educational purposes only.
AALGO BREATHS