Immediate Support
₹1,393 – First support
₹1,379 – Strong support
₹1,366 – Major demand zone (break below can accelerate selling)
Immediate Resistance
₹1,419 – First resistance
₹1,431 – Strong resistance
₹1,445 – Major breakout level
Trading Plan
Bullish Scenario
Buy only if price sustains above ₹1,445 with strong volume.
Upside targets:
₹1,480
₹1,525
₹1,580 (swing target)
Bearish Scenario
If price breaks ₹1,393, downside targets become:
₹1,379
₹1,366
₹1,330 if selling intensifies.
Technical Indicators
Trend: Neutral to bearish
RSI (14): ~46–49 (neutral, no strong momentum)
20/50/100/200 DMA: Price remains below most key moving averages, indicating the broader trend is still weak.
Intraday Levels
Pivot: ₹1,405
Above ₹1,419: Positive intraday momentum.
Below ₹1,393: Intraday weakness likely.
Summary
Support Zone: ₹1,379–1,393
Resistance Zone: ₹1,431–1,445
Trend: Neutral with a bearish bias until a decisive breakout above ₹1,445.
₹1,393 – First support
₹1,379 – Strong support
₹1,366 – Major demand zone (break below can accelerate selling)
Immediate Resistance
₹1,419 – First resistance
₹1,431 – Strong resistance
₹1,445 – Major breakout level
Trading Plan
Bullish Scenario
Buy only if price sustains above ₹1,445 with strong volume.
Upside targets:
₹1,480
₹1,525
₹1,580 (swing target)
Bearish Scenario
If price breaks ₹1,393, downside targets become:
₹1,379
₹1,366
₹1,330 if selling intensifies.
Technical Indicators
Trend: Neutral to bearish
RSI (14): ~46–49 (neutral, no strong momentum)
20/50/100/200 DMA: Price remains below most key moving averages, indicating the broader trend is still weak.
Intraday Levels
Pivot: ₹1,405
Above ₹1,419: Positive intraday momentum.
Below ₹1,393: Intraday weakness likely.
Summary
Support Zone: ₹1,379–1,393
Resistance Zone: ₹1,431–1,445
Trend: Neutral with a bearish bias until a decisive breakout above ₹1,445.
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.
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.