📊 Prestige Estates – Bullish Reversal From Support Zone
The stock has bounced strongly from a key support area, signaling renewed buying interest and a potential continuation of the uptrend.
🔎 Technical Observations:
• Strong bullish reversal candle
• Support zone defended successfully
• Fresh breakout from short-term downtrend
• Volume improving on the upside
• Momentum indicators turning positive
🔑 Key Levels:
• Support: ₹1,352 – ₹1,298
• Strong Support: ₹1,278 – ₹1,244
• Resistance: ₹1,472 – ₹1,515
🚀 Targets:
• ₹1,515
• ₹1,568
• ₹1,623+
📉 Risk Scenario:
A close below ₹1,298 may weaken the bullish structure.
📈 Trading View:
👉 Buyers are regaining control near support levels
👉 Sustained move above ₹1,472 can trigger fresh upside momentum
⚠️ Educational purpose only. Not a buy/sell recommendation.
— AALGO BREATHS 📊