📌 Current Price Context
• Latest traded price around ₹3,640–₹3,720 on NSE (live varies by exchange and time) — showing recent rebound after volatility.
📈 Weekly Pivot & Support/Resistance Levels (1-Week Timeframe)
📍 Weekly Pivot Reference
• Weekly Pivot Point (central level): ~₹3,702 (midpoint guiding sentiment)
🔼 Weekly Resistance Levels (Upside)
• R1: ~₹3,734 – ₹3,745
• R2: ~₹3,760 – ₹3,770
• R3: ~₹3,790 – ₹3,880
🔽 Weekly Support Levels (Downside)
• S1: ~₹3,675 – ₹3,678
• S2: ~₹3,640 – ₹3,635
• S3: ~₹3,280 – ₹3,280+ (broader deeper support zone)
📊 How Traders Interpret These Weekly Levels
Bullish Signals (Weekly Close Above)
✅ A weekly close above R1 (~₹3,740+) supports continuation of near-term recovery.
➡ Next upside targets become R2 (~₹3,760–₹3,770) and then R3 (~₹3,790–₹3,880) as next resistance layers.
Bearish Signals (Weekly Break Below)
⚠ Break and weekly close below S1 (~₹3,675) increases risk of deeper weakness, with S2 (~₹3,635) and S3 (~₹3,280) as key downside floors.
Neutral/Range Scenario
↔ If price holds between S1–R1 (~₹3,675–₹3,745), expect sideways/consolidation before a clear breakout direction takes shape.
📌 Key Notes on Trend & Structure
• Price is below longer historical mid/long-term averages, reflecting a wider downtrend from prior highs, but short-term technicals show stabilization and bounce risk.
• Recent volatility (big swings) suggests support/resistance zones matter more than trend at the moment — breakouts through these weekly levels tend to signal next directional move.
🧠 Practical Weekly Trade Levels
Level Type Approx Zone
Weekly Pivot ~₹3,702
Resistance R1 ~₹3,734–₹3,745
Resistance R2 ~₹3,760–₹3,770
Resistance R3 ~₹3,790–₹3,880
Support S1 ~₹3,675–₹3,678
Support S2 ~₹3,635–₹3,640
Support S3 ~₹3,280+
🧾 Quick Takeaway
Bullish weekly bias if price closes above ₹3,740–₹3,760 with momentum.
Bearish pressure remains if weekly closes below ₹3,675–₹3,640.
Range trade likely between those pivot bands until directional breakout occurs.
• Latest traded price around ₹3,640–₹3,720 on NSE (live varies by exchange and time) — showing recent rebound after volatility.
📈 Weekly Pivot & Support/Resistance Levels (1-Week Timeframe)
📍 Weekly Pivot Reference
• Weekly Pivot Point (central level): ~₹3,702 (midpoint guiding sentiment)
🔼 Weekly Resistance Levels (Upside)
• R1: ~₹3,734 – ₹3,745
• R2: ~₹3,760 – ₹3,770
• R3: ~₹3,790 – ₹3,880
🔽 Weekly Support Levels (Downside)
• S1: ~₹3,675 – ₹3,678
• S2: ~₹3,640 – ₹3,635
• S3: ~₹3,280 – ₹3,280+ (broader deeper support zone)
📊 How Traders Interpret These Weekly Levels
Bullish Signals (Weekly Close Above)
✅ A weekly close above R1 (~₹3,740+) supports continuation of near-term recovery.
➡ Next upside targets become R2 (~₹3,760–₹3,770) and then R3 (~₹3,790–₹3,880) as next resistance layers.
Bearish Signals (Weekly Break Below)
⚠ Break and weekly close below S1 (~₹3,675) increases risk of deeper weakness, with S2 (~₹3,635) and S3 (~₹3,280) as key downside floors.
Neutral/Range Scenario
↔ If price holds between S1–R1 (~₹3,675–₹3,745), expect sideways/consolidation before a clear breakout direction takes shape.
📌 Key Notes on Trend & Structure
• Price is below longer historical mid/long-term averages, reflecting a wider downtrend from prior highs, but short-term technicals show stabilization and bounce risk.
• Recent volatility (big swings) suggests support/resistance zones matter more than trend at the moment — breakouts through these weekly levels tend to signal next directional move.
🧠 Practical Weekly Trade Levels
Level Type Approx Zone
Weekly Pivot ~₹3,702
Resistance R1 ~₹3,734–₹3,745
Resistance R2 ~₹3,760–₹3,770
Resistance R3 ~₹3,790–₹3,880
Support S1 ~₹3,675–₹3,678
Support S2 ~₹3,635–₹3,640
Support S3 ~₹3,280+
🧾 Quick Takeaway
Bullish weekly bias if price closes above ₹3,740–₹3,760 with momentum.
Bearish pressure remains if weekly closes below ₹3,675–₹3,640.
Range trade likely between those pivot bands until directional breakout occurs.
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!
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
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!
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.