Technical Analysis for Five-Star Business Finance Ltd

há 11 horas

### 📊 **Technical Analysis for Five-Star Business Finance Ltd**

**Current Price:** ₹648.80
**Support Zone:** ₹604–₹576 (Purple box)
**Resistance Levels:**
- **₹830–₹823** (Key resistance)
- **₹897.90** (Major target resistance)

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### 🔍 **Analysis Details:**
1. **Bottoming Out Formation:**
- The stock is consolidating in the **purple support zone**, indicating a potential reversal pattern.
- A strong **bounce-back** signal near ₹604–₹576 highlights buyers stepping in.

2. **Volume and Momentum:**
- Low volumes currently suggest an accumulation phase. A breakout above ₹700 will confirm bullish momentum.
- A 50-day **Moving Average** resistance exists around ₹720, aligning with the rocket upward movement.

3. **Bullish Target Levels:**
- Once price sustains above ₹700, the path to **₹823** (key resistance) opens.
- Further upside potential toward ₹897 with proper momentum.

4. **Stop-Loss:**
- Strict **SL:** ₹603 to limit downside risk.

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### 🚀 **Trade Setup Summary:**

✅ 💥 **SWING TRADE OPPORTUNITY 🚀 ✅**
💥 STRONG BULLISH REVERSAL EXPECTED 💥

#FIVESTAR
✅ ABOVE :- **₹660** (Confirmation of Breakout)
🚫 SL :- **₹603**
🚀 TGT :- **₹823** & **₹897**

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📈 **🔥🔥 FIVESTAR FINANCE READY FOR BLAST-OFF 🚀🔥🔥**
💰 Accumulation near strong support ✅
🎯 **TGT 1:** ₹823 💹 | **TGT 2:** ₹897 💹
🚫 **SL:** ₹603 📉
⚡ Don’t miss the rocket ride 🚀!!


**Disclaimer:** Not financial advice; always analyze and manage risk!