BULLISH VIEW IN CARBORANDUM UNIVERSAL-- EDUCATIONAL PURPOSECarborundum Universal LimitedNSE:CARBORUNIVmgvirus1BULLISH VIEW IN CARBORANDUM UNIVERSAL-- EDUCATIONAL PURPOSE Carborundum Universal Ltd, a part of the Chennai-based Murugappa group, is engaged in the manufacturing of abrasives, ceramics, refractories, and electro-minerals. Stock made high of 1827 in June 2024, after that it corrected and made low of 735 in March 2026 (-59%) correction in around 2 years. After that stock started to rise and now higher high- higher low pattern is formed. It could be initiation of uptrend. Volume accumulation is also seen. Long position can be initiated on slight correction till 1020-1025. TARGET : 1793 (160%) (FIBO) STOP LOSS : 990 (-12%) ON WEEKLY CLOSING BASIS RR RATIO : 1:13.5 TIME HORIZON : 6-7 YEARS (TILL JAN 2034) ONLY FOR LONG TERM INVESTMENT PURSPECTIVE, NOT FOR SHORT TERM TRADING