HAPPY-GO-LUCKY 📊 **Trend Analysis**
🔻 The stock is currently in a **downward channel**, as evident from the trendlines sloping downward.
📉 The price is near the lower boundary of the channel, suggesting the potential for a **bounceback** if support holds.
📍 **Key Levels**
🟢 **Support Level:** ₹985
This level has been tested multiple times in 2024, showing strong buyer interest.
🔴 **Resistance Level:** ₹1,085
The price has struggled to break past this level recently, making it a strong resistance zone.
⚠️ **Immediate short term Support:** ₹985
The price is hovering near this area, and a breach could indicate further downside.
🔬 **Volume Analysis**
📈 Volume spikes have coincided with significant price movements, especially during reversals.
📉 Currently, volume seems lower, suggesting a lack of strong buying or selling pressure.
📅 **Outlook & Strategy**
💡 If the price holds above ₹985, **bullish opportunities** may emerge, targeting ₹1,085
💔 A breakdown below₹985 could lead to a test of lower levels near ₹950.
final support for the stock 915
✨ **Takeaway**
🧘♂️ Patience is key! Wait for confirmation signals before entering a trade.
Look, im not a stock market professional. Just sharing for my own purpose, not yours.
