Setup: Price consolidating within a symmetrical triangle, now testing the upper trendline.
Indicators:
RSI ~58, just entering bullish zone, but not overbought.
MACD turning positive → momentum aligning with trend.
EMAs: 20 & 50 EMA aligned upward; price holding above 6,000.
Levels:
Targets: ₹6846 , ₹7,203, ₹7711
Stoploss: ₹6190
👉 Outlook: Break and sustain above ₹6,500 can trigger fresh momentum towards ₹7,000+. Support at ₹6190 is critical.
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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.
