📈 Current Price (Approx)
₹~41.5 – ₹41.9 per share — recent trading session range.
📊 Weekly Technical Bias
Technical sentiment on 1-week timeframe: Neutral to Sell (TradingView weekly technical rating shows a Sell bias).
Overall longer-term trend (6 M + 1 Y) has been downward, with the stock trending lower from recent recent highs.
📌 Key Weekly Levels (Support & Resistance)
🧱 Immediate Support Levels
These are potential price zones where the stock may find buying interest on a pullback:
Support 1: ~₹42.7
Support 2: ~₹42.0
Support 3 / Lower Band: ~₹41.3–₹40.8 (near 52-week low)
Note: ₹40.85 is the recent 52-week low — a major support if the stock breaks lower.
🚧 Resistance Levels
Potential upside hurdles where selling pressure may emerge:
Pivot/Weekly Base: ~₹43.4
Resistance 1: ~₹44.1
Resistance 2: ~₹44.8
Resistance 3: ~₹45.4 (higher band on weekly/daily pivot)
🔍 Technical Indicators (Weekly/Daily Trend Context)
Trend: Neutral to slightly bearish on weekly charts.
Price vs 50-week averages: trading below many moving averages historically — suggesting weakening intermediate trend.
Recent performance: The stock has been down over the past week and month.
🧠 How traders typically interpret these levels
Above ₹44.8: Break and hold above this (~R2) could signal a short-term technical recovery.
Between ₹42-₹44: Range-bound zone — sideways movement likely on low momentum.
Below ₹41: Weakness increasing — possible move towards lower support zones near the 52-week low (~₹40.85).
₹~41.5 – ₹41.9 per share — recent trading session range.
📊 Weekly Technical Bias
Technical sentiment on 1-week timeframe: Neutral to Sell (TradingView weekly technical rating shows a Sell bias).
Overall longer-term trend (6 M + 1 Y) has been downward, with the stock trending lower from recent recent highs.
📌 Key Weekly Levels (Support & Resistance)
🧱 Immediate Support Levels
These are potential price zones where the stock may find buying interest on a pullback:
Support 1: ~₹42.7
Support 2: ~₹42.0
Support 3 / Lower Band: ~₹41.3–₹40.8 (near 52-week low)
Note: ₹40.85 is the recent 52-week low — a major support if the stock breaks lower.
🚧 Resistance Levels
Potential upside hurdles where selling pressure may emerge:
Pivot/Weekly Base: ~₹43.4
Resistance 1: ~₹44.1
Resistance 2: ~₹44.8
Resistance 3: ~₹45.4 (higher band on weekly/daily pivot)
🔍 Technical Indicators (Weekly/Daily Trend Context)
Trend: Neutral to slightly bearish on weekly charts.
Price vs 50-week averages: trading below many moving averages historically — suggesting weakening intermediate trend.
Recent performance: The stock has been down over the past week and month.
🧠 How traders typically interpret these levels
Above ₹44.8: Break and hold above this (~R2) could signal a short-term technical recovery.
Between ₹42-₹44: Range-bound zone — sideways movement likely on low momentum.
Below ₹41: Weakness increasing — possible move towards lower support zones near the 52-week low (~₹40.85).
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
منشورات ذات صلة
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.
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
منشورات ذات صلة
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.