📌 Current Price Context (21 Jan 2026)
Approx current price: ~₹1,330 – ₹1,370 on NSE as of recent trading session.
📊 Weekly Technical Levels (1-Week Timeframe)
These levels are derived from recent weekly pivot analysis (reflecting highs/lows and average weekly trend):
Weekly Pivot Point: ~ ₹1,300 – ₹1,305
Weekly Resistance Levels:
R1: ~ ₹1,325 – ₹1,330
R2: ~ ₹1,350 – ₹1,360
R3: ~ ₹1,375+
Weekly Support Levels:
S1: ~ ₹1,275 – ₹1,280
S2: ~ ₹1,250 – ₹1,255
S3: ~ ₹1,225 – ₹1,220
(Classic pivot study — see weekly pivot table)
📈 Short Summary of Weekly Bias
Bullish scenario:
if the price sustains above weekly pivot (~₹1,300) and breaks above R1 (~₹1,330), momentum favors moves toward R2 (~₹1,350-1,360) and possibly R3 (~₹1,375) for the coming week.
Neutral / Range scenario:
Between ₹1,275 to ₹1,330, price tends to oscillate within the weekly range with no clear directional bias — traders watch pivot and R1/S1 zones.
Bearish scenario:
A break below S1 (~₹1,275) increases the risk of deeper probes toward S2 (~₹1,250) or S3 (~₹1,220) on the weekly chart.
📌 How to Use These Levels
1. Short-term traders (swing): Watch catalystsensing breaks above R1/R2 for bullish continuation setups or break below S1/S2 for bearish setups.
2. Position traders: Weekly pivot and 50/100 SMA clusters (around ₹1,300-₹1,340) act as key decision zones for holding or trimming positions.
Approx current price: ~₹1,330 – ₹1,370 on NSE as of recent trading session.
📊 Weekly Technical Levels (1-Week Timeframe)
These levels are derived from recent weekly pivot analysis (reflecting highs/lows and average weekly trend):
Weekly Pivot Point: ~ ₹1,300 – ₹1,305
Weekly Resistance Levels:
R1: ~ ₹1,325 – ₹1,330
R2: ~ ₹1,350 – ₹1,360
R3: ~ ₹1,375+
Weekly Support Levels:
S1: ~ ₹1,275 – ₹1,280
S2: ~ ₹1,250 – ₹1,255
S3: ~ ₹1,225 – ₹1,220
(Classic pivot study — see weekly pivot table)
📈 Short Summary of Weekly Bias
Bullish scenario:
if the price sustains above weekly pivot (~₹1,300) and breaks above R1 (~₹1,330), momentum favors moves toward R2 (~₹1,350-1,360) and possibly R3 (~₹1,375) for the coming week.
Neutral / Range scenario:
Between ₹1,275 to ₹1,330, price tends to oscillate within the weekly range with no clear directional bias — traders watch pivot and R1/S1 zones.
Bearish scenario:
A break below S1 (~₹1,275) increases the risk of deeper probes toward S2 (~₹1,250) or S3 (~₹1,220) on the weekly chart.
📌 How to Use These Levels
1. Short-term traders (swing): Watch catalystsensing breaks above R1/R2 for bullish continuation setups or break below S1/S2 for bearish setups.
2. Position traders: Weekly pivot and 50/100 SMA clusters (around ₹1,300-₹1,340) act as key decision zones for holding or trimming positions.
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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.
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.