📈 Daily Timeframe — Key Levels
🔁 Daily Pivot (Trend Reference)
Pivot Point (Daily): ~₹171.39 — central equilibrium price for the day. Above this suggests near-term strength; below suggests weakness.
🟢 Resistance Levels (Upside Barriers)
R1 ~ ₹175–₹176 — first resistance from pivot-based calculation.
R2 ~ ₹178–₹180 — higher resistance zone for continuation.
R3 ~ ₹203–₹235 — long-term structural resistance (classic pivot range).
👉 A clear daily close above ~₹176–₹178 would signal a stronger uptrend toward the higher zone near ₹200+.
🔴 Support Levels (Downside Floor)
S1 ~ ₹158–₹159 — first key support zone.
S2 ~ ₹139–₹140 — next support if price weakens further.
S3 ~ ₹107–₹110 — deep structural support (prior low).
👉 A breakdown below S1 (~₹158) on daily close increases probability of move toward ~₹139–₹140.
📊 Short-Term Intraday Pivots & Levels (Quick Reference)
From intraday brokers — similar daily-trend levels:
Daily Pivot ~₹169.7
R1 ~₹171.3
R2 ~₹173.4
R3 ~₹175.0
S1 ~₹167.6
S2 ~₹166.0
S3 ~₹163.9
⚠️ These are useful for intraday flow but daily pivot levels listed above are more relevant for 1-day timeframe.
📌 Current Technical Bias
RSI around mid-neutral (~55) suggests no extreme overbought/oversold condition.
Moving averages (10-EMA, 20-EMA) close to price — potential range compression.
Conclusion:
📈 Bullish scenario: Sustained daily close above ₹175–₹178 targets ₹190+ → ₹200+.
📉 Bearish scenario: Failure below ₹158–₹159 could target ₹140 or lower.
🔁 Daily Pivot (Trend Reference)
Pivot Point (Daily): ~₹171.39 — central equilibrium price for the day. Above this suggests near-term strength; below suggests weakness.
🟢 Resistance Levels (Upside Barriers)
R1 ~ ₹175–₹176 — first resistance from pivot-based calculation.
R2 ~ ₹178–₹180 — higher resistance zone for continuation.
R3 ~ ₹203–₹235 — long-term structural resistance (classic pivot range).
👉 A clear daily close above ~₹176–₹178 would signal a stronger uptrend toward the higher zone near ₹200+.
🔴 Support Levels (Downside Floor)
S1 ~ ₹158–₹159 — first key support zone.
S2 ~ ₹139–₹140 — next support if price weakens further.
S3 ~ ₹107–₹110 — deep structural support (prior low).
👉 A breakdown below S1 (~₹158) on daily close increases probability of move toward ~₹139–₹140.
📊 Short-Term Intraday Pivots & Levels (Quick Reference)
From intraday brokers — similar daily-trend levels:
Daily Pivot ~₹169.7
R1 ~₹171.3
R2 ~₹173.4
R3 ~₹175.0
S1 ~₹167.6
S2 ~₹166.0
S3 ~₹163.9
⚠️ These are useful for intraday flow but daily pivot levels listed above are more relevant for 1-day timeframe.
📌 Current Technical Bias
RSI around mid-neutral (~55) suggests no extreme overbought/oversold condition.
Moving averages (10-EMA, 20-EMA) close to price — potential range compression.
Conclusion:
📈 Bullish scenario: Sustained daily close above ₹175–₹178 targets ₹190+ → ₹200+.
📉 Bearish scenario: Failure below ₹158–₹159 could target ₹140 or lower.
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Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
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Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
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.
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!
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.
