Bullish Signals
Entry: ₹285-295
Targets:
T1: ₹310
T2: ₹340
T3: ₹380
Stop Loss: Weekly close below ₹270
Risk/Reward: Approximately 1:2.5 to 1:4
- Strong breakout from the ₹190-200 consolidation zone.
- Price is trading above all major moving averages (20, 50, 100, 200 SMA).
- Weekly volumes have expanded significantly during the rally, confirming buying interest.
- RSI(14) is around 82, indicating strong momentum but also an overbought condition.
Entry: ₹285-295
Targets:
T1: ₹310
T2: ₹340
T3: ₹380
Stop Loss: Weekly close below ₹270
Risk/Reward: Approximately 1:2.5 to 1:4
Trade closed: target reached
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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.
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.