📌 Current Price (latest close): ~₹99–₹100 per share.
This reflects recent weakness, partly due to government stake divestment (OFS) news and selling pressure.
📈 Weekly Timeframe Technical Levels (Short-Term Reference)
🎯 Immediate Weekly Resistance Levels
These are upside levels where price may face selling pressure if a rebound begins in the coming sessions:
₹104–₹105 — first resistance (near recent bounce zone).
₹106–₹108 — next barrier (based on recent pivot/range).
Above ~₹110+ — broader resistance zone (technical pivot/ranging).
📊 Why these matter: Staying below these levels indicates the bears are still in control this week.
📉 Weekly Support Levels
Key downside levels where buyers may step in:
~₹101–₹102 — initial support zone (recent lows).
~₹99–₹100 — psychological pivot / current trading zone.
~₹97–₹95 — deeper support range (extended downward reaction).
📊 Why these matter: Weekly closes below ₹97 could signal further weakness and push prices lower; holding above ~₹99–₹100 may allow for short covering or range trading.
This reflects recent weakness, partly due to government stake divestment (OFS) news and selling pressure.
📈 Weekly Timeframe Technical Levels (Short-Term Reference)
🎯 Immediate Weekly Resistance Levels
These are upside levels where price may face selling pressure if a rebound begins in the coming sessions:
₹104–₹105 — first resistance (near recent bounce zone).
₹106–₹108 — next barrier (based on recent pivot/range).
Above ~₹110+ — broader resistance zone (technical pivot/ranging).
📊 Why these matter: Staying below these levels indicates the bears are still in control this week.
📉 Weekly Support Levels
Key downside levels where buyers may step in:
~₹101–₹102 — initial support zone (recent lows).
~₹99–₹100 — psychological pivot / current trading zone.
~₹97–₹95 — deeper support range (extended downward reaction).
📊 Why these matter: Weekly closes below ₹97 could signal further weakness and push prices lower; holding above ~₹99–₹100 may allow for short covering or range trading.
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!
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
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!
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.