SSGC has taken a strong bounce from a multi-time tested ascending channel support, which is a positive technical sign. This level has acted as a strong demand zone in the past, and once again buyers have successfully defended the support.
Today’s volume remained decent, indicating that the move is not just a dead-cat bounce but shows genuine buying interest.
📌 RSI is curling up from the neutral zone (40–45), supporting the possibility of a short-term reversal or pullback move.
Trade Plan:
Buy near CMP
Stop Loss: Channel low at 33
TP1 / Immediate Resistance: 36.5
If the price holds and sustains above 36.5 (with a strong follow-through or daily close), then the next major resistance / target zone lies at:
➡️ TP2: 40+ (BPR / Supply Zone)
Overall, the price structure remains intact within the ascending channel, and as long as 33 holds, the upside continuation / reversal bias remains valid.
⚠️ Keep an eye on overall market conditions and volume follow-through.
Strict stop-loss discipline is advised.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
