📌 CMP: ₹5,177.90
📈 Technical Structure:
Stock has cleared a multi-month resistance around ₹5,090–5,100
Strong bullish momentum, with increasing volume
Clean rounded base breakout, suggesting trend reversal
📊 Indicators:
Trading above TEMA 5/9/20 – bullish signal
Supertrend also likely supporting a buy signal (though visually hidden)
RSI in bullish territory (not overbought)
📌 Key Levels:
Immediate Support: ₹5,090
Strong Base: ₹4,815
Resistance/Targets:
🎯 T1: ₹5,660
🎯 T2: ₹5,970
🎯 T3: ₹6,200+ (if momentum sustains)
🛡️ Stop Loss: ₹5,090 (daily closing basis)
📈 Technical Structure:
Stock has cleared a multi-month resistance around ₹5,090–5,100
Strong bullish momentum, with increasing volume
Clean rounded base breakout, suggesting trend reversal
📊 Indicators:
Trading above TEMA 5/9/20 – bullish signal
Supertrend also likely supporting a buy signal (though visually hidden)
RSI in bullish territory (not overbought)
📌 Key Levels:
Immediate Support: ₹5,090
Strong Base: ₹4,815
Resistance/Targets:
🎯 T1: ₹5,660
🎯 T2: ₹5,970
🎯 T3: ₹6,200+ (if momentum sustains)
🛡️ Stop Loss: ₹5,090 (daily closing basis)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.