Key Technical Levels
Current Price: ₹306.40
Buy Trigger Zone: Above ₹306.40 – ₹308.00
Stop Loss (SL): ₹304.40 (Tight intraday level) / ₹296.50 (Swing low structural support)
Target 1: ₹320.00
Target 2: ₹336.02
Target 3 (1:3 R:R): ₹351.55
Technical Understanding & Indicators
Support Bounce: The price has tested and successfully bounced off the demand zone near ₹296.50–₹300.00.
Williams %R (14): Currently at -58.14, curling upward from overbought/oversold extreme territory, confirming a momentum shift back to the buyers following a support bounce.
Supertrend Resistance: The Supertrend line sits overhead at ₹312.58. A daily close above this level is required to officially flip the trend from bearish to bullish.
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Projection & Trade Execution Plan
Bullish Scenario: A sustained daily close above ₹306.40 triggers the long setup toward ₹320.00 (Target 1). Clearing ₹312.58 invalidates the bearish Supertrend and opens the path toward ₹336.02 and ultimately ₹351.55.
Risk Management: The immediate invalidation point is ₹304.40. A breakdown below ₹296.50 completely negates the bullish projection.
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer
Current Price: ₹306.40
Buy Trigger Zone: Above ₹306.40 – ₹308.00
Stop Loss (SL): ₹304.40 (Tight intraday level) / ₹296.50 (Swing low structural support)
Target 1: ₹320.00
Target 2: ₹336.02
Target 3 (1:3 R:R): ₹351.55
Technical Understanding & Indicators
Support Bounce: The price has tested and successfully bounced off the demand zone near ₹296.50–₹300.00.
Williams %R (14): Currently at -58.14, curling upward from overbought/oversold extreme territory, confirming a momentum shift back to the buyers following a support bounce.
Supertrend Resistance: The Supertrend line sits overhead at ₹312.58. A daily close above this level is required to officially flip the trend from bearish to bullish.
---
Projection & Trade Execution Plan
Bullish Scenario: A sustained daily close above ₹306.40 triggers the long setup toward ₹320.00 (Target 1). Clearing ₹312.58 invalidates the bearish Supertrend and opens the path toward ₹336.02 and ultimately ₹351.55.
Risk Management: The immediate invalidation point is ₹304.40. A breakdown below ₹296.50 completely negates the bullish projection.
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer
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.
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.