📈 Trend Structure
Stock is in a medium term uptrend forming higher lows since the Feb bottom (~₹6,800).
Price has now rallied back into a well defined historical supply zone around ₹8,000–₹8,100, which has rejected price multiple times earlier.
Current move looks like a range to range rally, now testing the upper boundary.
🧱 Key Levels
Resistance
₹8,000–₹8,100: Crucial resistance zone (previous highs + supply)
₹8,350–₹8,500: Breakout targets if resistance is convincingly cleared
Support
₹7,600–₹7,650: Immediate demand / pullback support
₹7,200–₹7,250: Swing support
₹6,800: Trend invalidation level
📊 Price Action Insight
Price reached resistance with a strong bullish candle, followed by mild rejection suggesting profit booking at supply.
No breakdown yet → structure remains constructively bullish.
Stock is in a medium term uptrend forming higher lows since the Feb bottom (~₹6,800).
Price has now rallied back into a well defined historical supply zone around ₹8,000–₹8,100, which has rejected price multiple times earlier.
Current move looks like a range to range rally, now testing the upper boundary.
🧱 Key Levels
Resistance
₹8,000–₹8,100: Crucial resistance zone (previous highs + supply)
₹8,350–₹8,500: Breakout targets if resistance is convincingly cleared
Support
₹7,600–₹7,650: Immediate demand / pullback support
₹7,200–₹7,250: Swing support
₹6,800: Trend invalidation level
📊 Price Action Insight
Price reached resistance with a strong bullish candle, followed by mild rejection suggesting profit booking at supply.
No breakdown yet → structure remains constructively bullish.
أغلقت الصفقة: تم الوصول للهدف
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.