📈 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.
Trade fechado: objetivo atingido
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.