CMP: ₹796 (approx.)
🟢 Support Zones
S1: ₹785–790
S2: ₹770–775
S3: ₹748–755
🔴 Resistance Zones
R1: ₹805–810
R2: ₹835–845
R3: ₹875–900
Technical View
Price has recovered above the 20-DMA and 50-DMA, indicating improving short-term momentum.
RSI (~58) is positive but not overbought.
MACD remains in bullish territory, suggesting buyers still have an edge.
The stock is still below its long-term highs, so sustained strength above ₹810 would improve the medium-term outlook.
Swing Trading Plan
Bullish Scenario
Buy only on a daily close above ₹810.
Targets: ₹835 → ₹860 → ₹900.
Stop-loss: ₹785.
Buy on Dip
Accumulate in the ₹775–785 zone if bullish reversal candles appear.
Stop-loss: ₹760.
Bearish Scenario
A breakdown below ₹770 could lead to ₹750 and then ₹725.
Overall Rating
Moderately Bullish (7.5/10)
The short-term trend has improved, but the stock still needs a decisive breakout above ₹810 to confirm a stronger uptrend. Until then, expect consolidation between ₹775 and ₹810.
🟢 Support Zones
S1: ₹785–790
S2: ₹770–775
S3: ₹748–755
🔴 Resistance Zones
R1: ₹805–810
R2: ₹835–845
R3: ₹875–900
Technical View
Price has recovered above the 20-DMA and 50-DMA, indicating improving short-term momentum.
RSI (~58) is positive but not overbought.
MACD remains in bullish territory, suggesting buyers still have an edge.
The stock is still below its long-term highs, so sustained strength above ₹810 would improve the medium-term outlook.
Swing Trading Plan
Bullish Scenario
Buy only on a daily close above ₹810.
Targets: ₹835 → ₹860 → ₹900.
Stop-loss: ₹785.
Buy on Dip
Accumulate in the ₹775–785 zone if bullish reversal candles appear.
Stop-loss: ₹760.
Bearish Scenario
A breakdown below ₹770 could lead to ₹750 and then ₹725.
Overall Rating
Moderately Bullish (7.5/10)
The short-term trend has improved, but the stock still needs a decisive breakout above ₹810 to confirm a stronger uptrend. Until then, expect consolidation between ₹775 and ₹810.
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.