Ajmera Breakout Ajmera Realty & Infra India LtdNSE:AJMERAthearcAJMERA — Bull Flag Retest After Sharp Recovery Rally Ajmera Realty & Infra India bottomed out near ₹80 in April 2026 and staged a strong recovery rally, rallying past ₹140 by early July. Since that peak, price has pulled back into a descending channel/bear flag — a short-term corrective structure within the larger uptrend — with lower highs and lower lows contained by two parallel trendlines. Key observations: Current price: ₹136.74, trading near the flag's upper trendline. Immediate support/demand zone: ₹123–140 (shaded red), aligning with the flag's lower boundary and a prior horizontal consolidation base. Key resistance/supply zone overhead: ₹140–180 (shaded green), representing the next major target zone if the flag resolves higher. The flag pattern, occurring after a sharp impulsive move up, is typically a continuation pattern — a breakout above the upper trendline (~₹140) would favor resumption of the uptrend toward the ₹150–180 zone. Bias: Bullish continuation is favored above ₹140 on a confirmed close with volume support. A breakdown below ₹123 would invalidate the flag and risk a retest of lower support levels. Not investment advice — for educational/analysis purposes only. Please do your own research before trading.