Price is currently near a strong support zone of ₹32–35. This area has held multiple times in the past, so buyers may step in again.
The fall has slowed down, which suggests selling pressure is reducing. If the stock holds above ₹32 on a weekly closing basis, a pullback move towards ₹40–42 is possible. A strong breakout above this can open the path to ₹48–52, which is a major resistance zone.
If price breaks and closes below ₹32, the structure weakens and downside risk increases.
Disclaimer
This analysis is for educational purposes only, not a buy/sell recommendation.
Stock market investments involve risk. Please do your own analysis and use proper risk management.
The fall has slowed down, which suggests selling pressure is reducing. If the stock holds above ₹32 on a weekly closing basis, a pullback move towards ₹40–42 is possible. A strong breakout above this can open the path to ₹48–52, which is a major resistance zone.
If price breaks and closes below ₹32, the structure weakens and downside risk increases.
Disclaimer
This analysis is for educational purposes only, not a buy/sell recommendation.
Stock market investments involve risk. Please do your own analysis and use proper risk management.
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
