The stock of Signatureglobal (India), which has been on a long-term downtrend, has started showing signs of a recovery. The price action since April shows that the stock has formed higher bases, and it also indicates that the bears have lost momentum. While it is too early to call it a bullish trend reversal, we forecast the near-term outlook to be positive. The stock is likely to cross over the immediate resistance at ₹860 and rally to ₹980. But before that, we might see a minor drop in price to ₹780. Therefore, traders can buy now at ₹819 and accumulate at ₹780. Place stop-loss at ₹720. When the stock rises to ₹880 and ₹940, alter the stop-loss to ₹830 and ₹915 respectively. Book profits at ₹980.Video Credit: Businessline(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)Published on July 30, 2026