Sammaan Capital Ltd. is currently in a decisive zone on the weekly charts. For a trend change confirmation:
Short-term traders: Wait for a weekly close above ₹145.
Long-term investors: Look for a sustainable breakout above ₹175 to target the ₹280–₹300 zone.
Bearish bias: A close below ₹100 can signal further weakness.
Given the weekly timeframe, these moves may take time to materialize. Closely monitor weekly closes and volumes for early indications of a trend shift.
Short-term traders: Wait for a weekly close above ₹145.
Long-term investors: Look for a sustainable breakout above ₹175 to target the ₹280–₹300 zone.
Bearish bias: A close below ₹100 can signal further weakness.
Given the weekly timeframe, these moves may take time to materialize. Closely monitor weekly closes and volumes for early indications of a trend shift.
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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.