📈 Trend Structure
Stock is in a strong uptrend, forming clear higher highs and higher lows after the deep correction seen earlier.
The recent rally has brought price back to a major historical supply / resistance zone around ₹840–₹860, highlighted on the chart.
Momentum into resistance is strong and impulsive, suggesting bullish intent.
🧱 Key Levels
Resistance
₹840–₹870: Crucial resistance zone (previous rejection area)
₹900 → ₹940: Upside targets on successful breakout
Support
₹780–₹800: Immediate demand zone / breakout base
₹720–₹740: Strong swing support
₹680: Trend invalidation level
📊 Volume & Price Action Insight
Volume expansion visible during the recent rally, indicating accumulation rather than short covering.
Price consolidated briefly before pushing into resistance, showing buy on dip behavior.
No major rejection yet → resistance is being absorbed.
Stock is in a strong uptrend, forming clear higher highs and higher lows after the deep correction seen earlier.
The recent rally has brought price back to a major historical supply / resistance zone around ₹840–₹860, highlighted on the chart.
Momentum into resistance is strong and impulsive, suggesting bullish intent.
🧱 Key Levels
Resistance
₹840–₹870: Crucial resistance zone (previous rejection area)
₹900 → ₹940: Upside targets on successful breakout
Support
₹780–₹800: Immediate demand zone / breakout base
₹720–₹740: Strong swing support
₹680: Trend invalidation level
📊 Volume & Price Action Insight
Volume expansion visible during the recent rally, indicating accumulation rather than short covering.
Price consolidated briefly before pushing into resistance, showing buy on dip behavior.
No major rejection yet → resistance is being absorbed.
Trade chiuso: obiettivo raggiunto
Declinazione di responsabilità
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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.