Price is approaching a major descending trendline resistance after forming a series of higher lows.
🔹 Multiple reactions from the trendline
🔹 Strong support around ₹1,200–1,250
🔹 Current price near ₹1,370
🔹 A decisive breakout + daily close above the trendline could trigger a strong move.
🎯 Breakout zone: ₹1,390–1,400
📌 Watch for breakout confirmation with volume and Retesting.
Not a Buy/Sell recommendation. For educational purposes only.
🔹 Multiple reactions from the trendline
🔹 Strong support around ₹1,200–1,250
🔹 Current price near ₹1,370
🔹 A decisive breakout + daily close above the trendline could trigger a strong move.
🎯 Breakout zone: ₹1,390–1,400
📌 Watch for breakout confirmation with volume and Retesting.
Not a Buy/Sell recommendation. For educational purposes only.
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.
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.