NETWEB TECHNOLOGIES INDIA LIMITED

Price Action View

Stock had a strong breakout rally recently with heavy volume, creating an imbalance (FVG – Fair Value Gap) in the daily chart.

After the sharp move, price is now retracing downwards into the discount zone & order block area.

🟢 Bullish Points

Clear uptrend structure – higher highs and higher lows.

Strong volume spike confirms institutional interest.

Price is approaching the FVG zone (₹2,200–₹2,400) which can act as a demand zone for a bounce.

🔴 Risk / Bearish Signs

Current correction is sharp (–3.2% today) → showing sellers still active.

If price breaks below ₹2,000, structure weakens and downside towards ₹1,700 support is possible.

🎯 Trading Plan (As per Chart Markings)

First Entry: around ₹2,200–₹2,300 (inside FVG).

Second Entry: if deeper retracement near ₹2,000.

Stop Loss: below order block (~₹1,850–₹1,900).

Target 1: around ₹3,300 (previous high / resistance).

✅ Summary
Stock is in a strong uptrend but currently cooling off after a big rally. Best approach is to wait for retracement into the FVG/Order Block zone and then look for buying opportunities with a stop loss below ₹1,900. If the setup works, upside target remains ₹3,200–₹3,300