• Last close: ~₹124 – ₹124.36 on NSE/BSE.
• Recent daily range: Low ~₹116.60 – High ~₹126.55.
📊 Daily Support & Resistance Levels (Key Zones)
Pivot Point (Daily)
Daily Pivot ~ ₹120 – ₹123.55: Key reference for intraday bias — above is bullish, below is bearish.
Resistance Levels
R1: ~ ₹125–₹125.32 – first hurdle above pivot.
R2: ~ ₹128–₹128.38 – stronger resistance near recent swing highs.
R3: ~ ₹130–₹130.15 – extended upside pivot.
Support Levels
S1: ~ ₹120 – ₹120.49 – first support near pivot/MA levels.
S2: ~ ₹118.5 – ₹118.72 – next layer of downside support.
S3: ~ ₹115.5 – ₹115.66 – deeper support zone.
These pivot-derived levels are commonly used for intraday and next-day trading reference.
📈 What Technical Indicators Suggest (Daily)
Moving Averages / Momentum
Short-term MAs around 20–50 DMA are near the pivot zone, indicating mixed momentum around the current price.
On some technical panels, oscillators like RSI may be neutral or slightly bearish/bullish depending on the source — indicating no strong momentum bias right now.
🧠 How to Use This for a 1-Day View
Bullish Bias (short-term) if:
✔ Price sustains above daily pivot (~₹122–123)
✔ Break of R2 (~₹128–₹128.4) with volume
Bearish / Caution if:
❌ Price closes below S1 (~₹120)
❌ Momentum indicators turn down from resistance
⚠️ Risk & Notes
These levels are technical guides — not investment advice.
Price can gap on news earnings, market sentiment, or sector moves.
Always combine with your own risk management (stop-loss, position sizing).
• Recent daily range: Low ~₹116.60 – High ~₹126.55.
📊 Daily Support & Resistance Levels (Key Zones)
Pivot Point (Daily)
Daily Pivot ~ ₹120 – ₹123.55: Key reference for intraday bias — above is bullish, below is bearish.
Resistance Levels
R1: ~ ₹125–₹125.32 – first hurdle above pivot.
R2: ~ ₹128–₹128.38 – stronger resistance near recent swing highs.
R3: ~ ₹130–₹130.15 – extended upside pivot.
Support Levels
S1: ~ ₹120 – ₹120.49 – first support near pivot/MA levels.
S2: ~ ₹118.5 – ₹118.72 – next layer of downside support.
S3: ~ ₹115.5 – ₹115.66 – deeper support zone.
These pivot-derived levels are commonly used for intraday and next-day trading reference.
📈 What Technical Indicators Suggest (Daily)
Moving Averages / Momentum
Short-term MAs around 20–50 DMA are near the pivot zone, indicating mixed momentum around the current price.
On some technical panels, oscillators like RSI may be neutral or slightly bearish/bullish depending on the source — indicating no strong momentum bias right now.
🧠 How to Use This for a 1-Day View
Bullish Bias (short-term) if:
✔ Price sustains above daily pivot (~₹122–123)
✔ Break of R2 (~₹128–₹128.4) with volume
Bearish / Caution if:
❌ Price closes below S1 (~₹120)
❌ Momentum indicators turn down from resistance
⚠️ Risk & Notes
These levels are technical guides — not investment advice.
Price can gap on news earnings, market sentiment, or sector moves.
Always combine with your own risk management (stop-loss, position sizing).
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!
Pubblicazioni correlate
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
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!
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.