$ALGO

Market Event: ALGO tagged local downside liquidity near Rs23.80 and is now reacting at support.

Momentum Implication: That reaction can produce a tradable bounce, especially if broader market pressure cools.

Levels: • Entry Price (EP): Rs23.88–Rs24.05

• Trade Target 1 (TG1): Rs24.45

• Trade Target 2 (TG2): Rs24.95

• Trade Target 3 (TG3): Rs25.55

• Stop Loss (SL): Rs23.55

Trade Decision: The trade stays valid only while price accepts above the reclaimed support shelf.

Close: If Rs23.80 remains defended, upside continuation can build step by step.

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ALGO

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