Swing Trading Levels
Buy Above: ₹3,220 (confirmation breakout)
Immediate Resistance:
₹3,220
₹3,300
₹3,450
Immediate Support:
₹3,080
₹2,980
₹2,850
Swing Targets
Target 1: ₹3,300
Target 2: ₹3,450
Target 3: ₹3,600 (if momentum remains strong)
Stop Loss
Aggressive: ₹3,080
Positional: ₹2,950
Technical View
Trend: Bullish
RSI is close to the higher zone, indicating strong momentum but also a possibility of short-term profit booking.
Price is trading above the 20, 50, 100 and 200-day moving averages, which supports the broader bullish trend.
Trading Plan:
Wait for a decisive breakout above ₹3,220 with strong volume for fresh long positions.
If the stock pulls back toward ₹3,080–₹2,980 and shows buying interest, that zone can also offer a favorable swing entry.
A sustained move below ₹2,950 would weaken the current bullish setup.
There has also been positive fundamental news recently, including fresh capital raising and expansion into low-carbon chemicals, which may support longer-term sentiment, although technical levels should still guide trade execution.
Buy Above: ₹3,220 (confirmation breakout)
Immediate Resistance:
₹3,220
₹3,300
₹3,450
Immediate Support:
₹3,080
₹2,980
₹2,850
Swing Targets
Target 1: ₹3,300
Target 2: ₹3,450
Target 3: ₹3,600 (if momentum remains strong)
Stop Loss
Aggressive: ₹3,080
Positional: ₹2,950
Technical View
Trend: Bullish
RSI is close to the higher zone, indicating strong momentum but also a possibility of short-term profit booking.
Price is trading above the 20, 50, 100 and 200-day moving averages, which supports the broader bullish trend.
Trading Plan:
Wait for a decisive breakout above ₹3,220 with strong volume for fresh long positions.
If the stock pulls back toward ₹3,080–₹2,980 and shows buying interest, that zone can also offer a favorable swing entry.
A sustained move below ₹2,950 would weaken the current bullish setup.
There has also been positive fundamental news recently, including fresh capital raising and expansion into low-carbon chemicals, which may support longer-term sentiment, although technical levels should still guide trade execution.
Hye Guys,Welcome to a professional trading journey built on precision, discipline, and smart money concepts.
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hye Guys,Welcome to a professional trading journey built on precision, discipline, and smart money concepts.
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.