📊 Finolex Cables Ltd – Bullish Reversal Setup
Stock is showing fresh buying interest from the ₹975–₹956 support zone, with momentum improving.
🔎 Technical View:
• Strong rebound from key support
• Short-term bullish momentum improving
• Price reclaiming ₹1,030 zone
• Sustained move above ₹1,071 may strengthen the setup
🔑 Key Levels:
• Support: ₹1,030 – ₹1,013
• Major Support: ₹975 – ₹956
• Resistance: ₹1,071 – ₹1,128
🚀 Upside Targets:
• ₹1,071
• ₹1,128
• ₹1,185+
⚠️ Risk: Below ₹956 may weaken the setup.
📈 View: Bullish above ₹1,071 with momentum towards higher levels.
For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊