1. Trend Analysis
The stock is in a clear uptrend, making higher highs and higher lows since mid-2023.
Momentum remains positive, with price trading above most key moving averages, indicating sustained bullish sentiment.
2. Support and Resistance Levels
Immediate Support Zones:
₹954.68: Close support from recent consolidation.
₹903.25: A stronger demand zone, as...
1. Support and Resistance Zones:
Resistance Levels:
₹3,035.80: Strong overhead resistance.
₹2,835.65 - ₹2,741.15: Intermediate resistance zones, where previous rallies have faced selling pressure.
Support Levels:
₹2,454.90 - ₹2,314.55: A crucial support zone where the stock is currently trading. This is a potential demand zone for buyers.
₹2,102.20: If the price...
1. Price Pattern:
- A potential Cup and Handle formation is visible, which indicates a bullish continuation pattern.
- The price has tested key resistance levels and is currently consolidating within the trendline boundaries.
2. Support and Resistance:
- Key resistance levels: ₹1305, ₹1320 and ₹1485.30.
- Immediate support levels: ₹1210.70 and...
