📌 Current Price (latest close): ~₹99–₹100 per share.
This reflects recent weakness, partly due to government stake divestment (OFS) news and selling pressure.
📈 Weekly Timeframe Technical Levels (Short-Term Reference)
🎯 Immediate Weekly Resistance Levels
These are upside levels where price may face selling pressure if a rebound begins in the coming sessions:
₹104–₹105 — first resistance (near recent bounce zone).
₹106–₹108 — next barrier (based on recent pivot/range).
Above ~₹110+ — broader resistance zone (technical pivot/ranging).
📊 Why these matter: Staying below these levels indicates the bears are still in control this week.
📉 Weekly Support Levels
Key downside levels where buyers may step in:
~₹101–₹102 — initial support zone (recent lows).
~₹99–₹100 — psychological pivot / current trading zone.
~₹97–₹95 — deeper support range (extended downward reaction).
📊 Why these matter: Weekly closes below ₹97 could signal further weakness and push prices lower; holding above ~₹99–₹100 may allow for short covering or range trading.
This reflects recent weakness, partly due to government stake divestment (OFS) news and selling pressure.
📈 Weekly Timeframe Technical Levels (Short-Term Reference)
🎯 Immediate Weekly Resistance Levels
These are upside levels where price may face selling pressure if a rebound begins in the coming sessions:
₹104–₹105 — first resistance (near recent bounce zone).
₹106–₹108 — next barrier (based on recent pivot/range).
Above ~₹110+ — broader resistance zone (technical pivot/ranging).
📊 Why these matter: Staying below these levels indicates the bears are still in control this week.
📉 Weekly Support Levels
Key downside levels where buyers may step in:
~₹101–₹102 — initial support zone (recent lows).
~₹99–₹100 — psychological pivot / current trading zone.
~₹97–₹95 — deeper support range (extended downward reaction).
📊 Why these matter: Weekly closes below ₹97 could signal further weakness and push prices lower; holding above ~₹99–₹100 may allow for short covering or range trading.
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!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
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!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.