📌 Current Price Snapshot
📍 Latest traded price: ₹16.25 – ₹16.30 approx. (last session)
📈 52-week range: ₹13.63 (low) – ₹22.02 (high)
📊 Near-Term 1-Week Technical Levels
🔰 Pivot Point (Reference)
Pivot: ~₹15.6 – ₹15.7 (neutral zone for short-term bias)
🛑 Resistance (Upside Targets)
These are levels where price may face selling pressure this week:
Level Mark (Approx) Notes
R1 ~₹15.8 – ₹16.0 First hurdle near current action zone
R2 ₹16.3 – ₹16.4 Key near-term resistance — breakout above this could add momentum
R3 ₹16.8 – ₹17.0 Next upside target if buyers remain strong
👉 A decisive daily close above ~₹16.4–₹16.5 can open the door toward ₹17.0+ in the week.
🧱 Support (Downside Floors)
These are levels where dips may find buyers this week:
Level Mark (Approx) Notes
S1 ₹15.3 – ₹15.4 First strong support — psychologically key pivot band
S2 ₹15.0 – ₹15.1 Next cushion below if the market weakens
S3 ₹14.8 – ₹14.7 Deeper support zone if selling accelerates
👉 A breakdown below ~₹15.0 would increase bearish pressure for the week.
📈 Short-Term Bias Interpretation
Bullish scenario:
If price holds above ₹15.6–₹15.7 pivot and breaks ₹16.3–₹16.4, the next near-term move could be toward ₹16.8–₹17.0+.
Neutral / range-bound:
Between ₹15.3 and ₹16.3, expect consolidation/trading range.
Bearish scenario:
Sustained trading below ₹15.3 risks weakening into ₹15.0 and lower.
🧠 Quick Trading Guide (1-Week)
📍 Watch for reaction at:
✔ Above ₹16.3–₹16.4 = possible upside extens ion
✔ Below ₹15.3 = risk of deeper pullback
📊 Trend cues: Recent technical indicators show mixed momentum — short-term range with pickup if buyers assert near pivot area.
📍 Latest traded price: ₹16.25 – ₹16.30 approx. (last session)
📈 52-week range: ₹13.63 (low) – ₹22.02 (high)
📊 Near-Term 1-Week Technical Levels
🔰 Pivot Point (Reference)
Pivot: ~₹15.6 – ₹15.7 (neutral zone for short-term bias)
🛑 Resistance (Upside Targets)
These are levels where price may face selling pressure this week:
Level Mark (Approx) Notes
R1 ~₹15.8 – ₹16.0 First hurdle near current action zone
R2 ₹16.3 – ₹16.4 Key near-term resistance — breakout above this could add momentum
R3 ₹16.8 – ₹17.0 Next upside target if buyers remain strong
👉 A decisive daily close above ~₹16.4–₹16.5 can open the door toward ₹17.0+ in the week.
🧱 Support (Downside Floors)
These are levels where dips may find buyers this week:
Level Mark (Approx) Notes
S1 ₹15.3 – ₹15.4 First strong support — psychologically key pivot band
S2 ₹15.0 – ₹15.1 Next cushion below if the market weakens
S3 ₹14.8 – ₹14.7 Deeper support zone if selling accelerates
👉 A breakdown below ~₹15.0 would increase bearish pressure for the week.
📈 Short-Term Bias Interpretation
Bullish scenario:
If price holds above ₹15.6–₹15.7 pivot and breaks ₹16.3–₹16.4, the next near-term move could be toward ₹16.8–₹17.0+.
Neutral / range-bound:
Between ₹15.3 and ₹16.3, expect consolidation/trading range.
Bearish scenario:
Sustained trading below ₹15.3 risks weakening into ₹15.0 and lower.
🧠 Quick Trading Guide (1-Week)
📍 Watch for reaction at:
✔ Above ₹16.3–₹16.4 = possible upside extens ion
✔ Below ₹15.3 = risk of deeper pullback
📊 Trend cues: Recent technical indicators show mixed momentum — short-term range with pickup if buyers assert near pivot area.
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.
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.
