🔻 Inverted Flag & Pole breakdown confirmed
✅ Breakdown + retest completed, with rejection from the flag resistance.
Immediate support: ₹3,000–2,950
🔻 Below ₹2,950 → ₹2,700 → ₹2,400 → ₹2,200
Major resistance: ₹3,350–3,450
Above ₹3,450 → bearish setup weakens.
📉 RSI ~42 → momentum remains weak.
View: Bearish below the retest zone. The projected measured-move target from the pattern is around ₹2,200.
DISCLAIMER:
For educational and informational purposes only. This is my personal technical analysis, not financial or trading advice or a recommendation to buy/sell. Do your own research before trading. Markets involve substantial risk, and all levels, targets and setups are illustrative and not guaranteed. Trade with proper risk management and never rely solely on this analysis.
Trade with logic. Risk with discipline.
Logic Trade Room
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.