Varun Beverages Is Setting Up For A Strong Comeback Media Varun Beverages Is Setting Up For A Strong ComebackVarun Beverages Ltd. NSE:VBL Marketik MediaVarun Beverages is approaching a very important support zone around 380–390 on the weekly chart. This is the same zone that acted as resistance in 2023 before the stock delivered a massive rally and is now acting as strong support. Buyers have already defended this level multiple times which suggests that demand is still present despite the prolonged correction. The stock is also trading below a major falling trendline that has been controlling price since 2024. With price once again bouncing from its historical support zone near 415, I believe the foundation for another strong bullish reversal is developing. I am expecting a recovery towards 500–520 initially where the falling trendline resistance will become important. A decisive weekly breakout above this trendline could confirm a major trend reversal and open the door towards 580–600+. The weekly RSI near 42 also has plenty of room for recovery as buying momentum returns. If price continues to defend 380–390 then this correction could turn into a strong accumulation phase before the next major rally. The stock has corrected for long enough and this support zone could become the starting point of its next bullish cycle.

Ceigall Is One Breakout Away From A Powerful Rally Media Ceigall Is One Breakout Away From A Powerful RallyCeigall India Limited NSE:CEIGALL Marketik MediaCeigall India is showing strong bullish momentum on the weekly chart and is now approaching a crucial resistance zone around 395–405. The stock has already recovered significantly from its lows near 225 and is forming a strong reversal structure with higher highs and higher lows. What makes this setup interesting is that the same resistance has rejected price multiple times in the past. However buyers are repeatedly pushing the stock towards this zone which suggests that selling pressure is gradually getting absorbed. The weekly RSI near 61 also indicates that bullish momentum remains strong. A decisive weekly breakout above 405 could trigger the next major rally towards 450 followed by 475+. This is an important resistance because breaking it would confirm an escape from the long-term falling channel and potentially attract fresh buying. Liquidity is sitting above the previous highs and a successful breakout could force sellers to cover their positions. I am strongly bullish on Ceigall India and believe one clean breakout above 405 could unlock a powerful upside move.

Tanla Is One Breakout Away From A Major Comeback Media Tanla Is One Breakout Away From A Major ComebackTanla Platforms Ltd NSE:TANLA Marketik MediaTanla Platforms is showing a promising bullish reversal setup on the weekly chart after spending nearly four years under a major falling trendline resistance. The stock has repeatedly taken support from its long-term rising support zone and buyers are now pushing price towards the descending resistance near 620–650. What makes this setup interesting is that the 200 EMA is also sitting around 657 which makes this a crucial breakout zone. The recent recovery from lower levels along with the weekly RSI rising towards 64 suggests that buying momentum is returning and sellers are gradually losing control. A decisive weekly breakout above 650–660 could confirm a major trend reversal and open the door for a strong recovery towards 800 followed by 950–1000+. This resistance has controlled the stock for years and breaking it could attract fresh buying while trapping sellers positioned for another rejection. If price sustains above the falling trendline and 200 EMA then the entire long-term structure could shift in favour of buyers. I am strongly bullish on Tanla because a breakout after such a prolonged correction can create powerful upside momentum.