📍 Weekly Pivot Support & Resistance Levels
📌 Based on classic pivot calculation (updated recent data):
Resistance Levels
R3: ~₹7,911
R2: ~₹7,838
R1: ~₹7,713
Pivot: ~₹7,639
Support Levels
S1: ~₹7,514
S2: ~₹7,440
S3: ~₹7,315
(These are widely used short-term guideposts for weekly support/resistance.)
📈 Key Levels for This Week’s Trading Range
According to a recent weekly outlook:
Immediate Resistance:
~₹7,766 — Break above may trigger further upside
Major Resistance: ~₹7,945–₹8,046
Immediate Support:
~₹7,487
Secondary support: ~₹7,386
Lower support band: ~₹7,207
Expected Weekly Range:
₹7,207 — ₹8,046 based on pivot bands and weekly structure.
🧠 Interpretation (Weekly Bias)
✔ Bullish Continuation:
If price sustains above pivot ₹7,639 and clears ₹7,766, weekly strength likely continues toward ₹7,838 – ₹7,911.
✔ Weakness / Pullback:
A close below support ₹7,487 may test ₹7,386 / ₹7,315 zones.
✔ Breakout Threshold:
₹7,945 – ₹8,046 zone is a key breakout cluster — above this suggests stronger momentum.
📌 Based on classic pivot calculation (updated recent data):
Resistance Levels
R3: ~₹7,911
R2: ~₹7,838
R1: ~₹7,713
Pivot: ~₹7,639
Support Levels
S1: ~₹7,514
S2: ~₹7,440
S3: ~₹7,315
(These are widely used short-term guideposts for weekly support/resistance.)
📈 Key Levels for This Week’s Trading Range
According to a recent weekly outlook:
Immediate Resistance:
~₹7,766 — Break above may trigger further upside
Major Resistance: ~₹7,945–₹8,046
Immediate Support:
~₹7,487
Secondary support: ~₹7,386
Lower support band: ~₹7,207
Expected Weekly Range:
₹7,207 — ₹8,046 based on pivot bands and weekly structure.
🧠 Interpretation (Weekly Bias)
✔ Bullish Continuation:
If price sustains above pivot ₹7,639 and clears ₹7,766, weekly strength likely continues toward ₹7,838 – ₹7,911.
✔ Weakness / Pullback:
A close below support ₹7,487 may test ₹7,386 / ₹7,315 zones.
✔ Breakout Threshold:
₹7,945 – ₹8,046 zone is a key breakout cluster — above this suggests stronger momentum.
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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.