📍 Chart Analysis Summary
CMP: ₹1513.20
Structure: Strong breakout from a rounded base; retesting previous resistance zones
Volume: Gradual accumulation with spikes on breakout sessions
Momentum: RSI supportive of upside continuation
📊 Technical Levels (Positional Setup)
Support Zones: ₹1435 / ₹1370
Resistance Zones: ₹1575 → then ₹1710
Breakout Confirmation: Price has closed above consolidation zone with momentum
Setup Type: Base breakout + higher lows forming for several weeks
🎯 Positional Targets:
Target 1: ₹1575
Target 2: ₹1710
Target 3 (Extended): ₹1850+
Stop-Loss (Closing Basis): ₹1435
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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.