📊 Key Technical Levels
Current price: ~ ₹22.70 (approx) per share.
52-week range: Low ~ ₹16.02, High ~ ₹24.30.
Recent support zone: around ₹22.00–₹22.50 appears to be a floor (given recent trades near ₹22.70)
Immediate resistance: near the recent highs ~ ₹24.00-₹24.30
If the price falls, next support might be around ₹20.50–₹21.00, given the lower circuit band was ~ ₹20.36.
✅ Short-term trading scenario
Bullish scenario: Enter (or hold) around ₹22.70 if momentum is positive and target ~₹25 with a stop-loss around ₹21.50.
Bearish scenario: If it breaks down below ~₹22.00 decisively, look for stop-loss trigger and potential target ~₹20.50 or lower.
Risk management is key: Because the price is relatively low and volatility can be higher, ensure stop-loss and position sizing are in line with your risk tolerance.
Current price: ~ ₹22.70 (approx) per share.
52-week range: Low ~ ₹16.02, High ~ ₹24.30.
Recent support zone: around ₹22.00–₹22.50 appears to be a floor (given recent trades near ₹22.70)
Immediate resistance: near the recent highs ~ ₹24.00-₹24.30
If the price falls, next support might be around ₹20.50–₹21.00, given the lower circuit band was ~ ₹20.36.
✅ Short-term trading scenario
Bullish scenario: Enter (or hold) around ₹22.70 if momentum is positive and target ~₹25 with a stop-loss around ₹21.50.
Bearish scenario: If it breaks down below ~₹22.00 decisively, look for stop-loss trigger and potential target ~₹20.50 or lower.
Risk management is key: Because the price is relatively low and volatility can be higher, ensure stop-loss and position sizing are in line with your risk tolerance.
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!
Publicaciones relacionadas
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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!
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.