📌 MCX Current Market Snapshot
Current Price: ~₹2,360 – ₹2,370 per share (approx live market price)
52‑Week Range: ₹881 – ₹2,380+
📊 Weekly Technical Levels (Pivot‑Based)
These levels come from the most recent pivot calculations for the weekly timeframe.
Weekly Resistance
R3: ~₹2,458.67
R2: ~₹2,398.33
R1: ~₹2,294.67
Weekly Pivot (Central Reference):
Pivot: ~₹2,234.33
Weekly Support
S1: ~₹2,130.67
S2: ~₹2,070.33
S3: ~₹1,966.67
📌 Interpretation
Trend bias above the pivot (~₹2,234) — bullish weekly bias as long as price stays above this.
Immediate resistance band: ~₹2,294‑₹2,398 — watch for weekly closes above to confirm momentum.
Strong weekly breakout trigger: above ₹2,398‑₹2,458 on closing basis can open extended upside.
Key support zone: ~₹2,130‑₹2,070 — weekly closes below this can indicate deeper pullback risk toward ~₹1,966.
📈 How to Use These Weekly Levels
Bullish scenario
Weekly close above the pivot zone (~₹2,234) and hold above R1 can lead to tests of R2/R3.
Breakouts beyond ₹2,398 with volume increase strengthen upward momentum.
Bearish scenario
Weekly close below ₹2,130 suggests sellers scaling up and possible move toward S2/S3.
Watch for rejection signals (long wicks, bearish candles) near upper resistances.
Current Price: ~₹2,360 – ₹2,370 per share (approx live market price)
52‑Week Range: ₹881 – ₹2,380+
📊 Weekly Technical Levels (Pivot‑Based)
These levels come from the most recent pivot calculations for the weekly timeframe.
Weekly Resistance
R3: ~₹2,458.67
R2: ~₹2,398.33
R1: ~₹2,294.67
Weekly Pivot (Central Reference):
Pivot: ~₹2,234.33
Weekly Support
S1: ~₹2,130.67
S2: ~₹2,070.33
S3: ~₹1,966.67
📌 Interpretation
Trend bias above the pivot (~₹2,234) — bullish weekly bias as long as price stays above this.
Immediate resistance band: ~₹2,294‑₹2,398 — watch for weekly closes above to confirm momentum.
Strong weekly breakout trigger: above ₹2,398‑₹2,458 on closing basis can open extended upside.
Key support zone: ~₹2,130‑₹2,070 — weekly closes below this can indicate deeper pullback risk toward ~₹1,966.
📈 How to Use These Weekly Levels
Bullish scenario
Weekly close above the pivot zone (~₹2,234) and hold above R1 can lead to tests of R2/R3.
Breakouts beyond ₹2,398 with volume increase strengthen upward momentum.
Bearish scenario
Weekly close below ₹2,130 suggests sellers scaling up and possible move toward S2/S3.
Watch for rejection signals (long wicks, bearish candles) near upper resistances.
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.