Based on the technical analysis of 360 ONE WAM Ltd (360ONE) as of late April 2026, the stock has been navigating a period of high volatility, with a reported bearish trend on daily charts (below key moving averages) but a robust long-term performance.
Pattern: The stock has shown consolidation patterns (previously a potential symmetrical triangle or rising wedge) on hourly charts, often appearing as a consolidation before a significant price move.
Recent Structure: Technical reports indicate the price is compressing beneath a downward trendline resistance on the hourly/daily charts, often referred to as a "descending triangle" or consolidation near resistance.
Breakout Requirement: A sustained close above key resistance levels (around ₹1,120–₹1,130) is typically needed to confirm a bullish breakout, which has been challenged by high selling pressure.
Strategy: Buy on breakout or accumulation at lower support levels, as the stock has experienced sharp intraday swings.
Stop Loss (SL): ₹1,020 (Based on your request). Note: Technical reports frequently highlight crucial support near the ₹1,025–₹1,030 range or deeper at ₹900-₹950, so 1020 acts as a short-term defense level.
Target: ₹1,132 (Based on your request). Note: The immediate 52-week high is around ₹1,273, with significant intermediate resistance near ₹1,100–₹1,130 based on recent, high-volume trading activity.
Current Context: The futures recently experienced a 3-day decline, losing 5.67% and high open interest (OI) suggesting elevated short positions or hedging, meaning a move to 1132 would likely require a reversal of this bearish momentum.
Pattern: The stock has shown consolidation patterns (previously a potential symmetrical triangle or rising wedge) on hourly charts, often appearing as a consolidation before a significant price move.
Recent Structure: Technical reports indicate the price is compressing beneath a downward trendline resistance on the hourly/daily charts, often referred to as a "descending triangle" or consolidation near resistance.
Breakout Requirement: A sustained close above key resistance levels (around ₹1,120–₹1,130) is typically needed to confirm a bullish breakout, which has been challenged by high selling pressure.
Strategy: Buy on breakout or accumulation at lower support levels, as the stock has experienced sharp intraday swings.
Stop Loss (SL): ₹1,020 (Based on your request). Note: Technical reports frequently highlight crucial support near the ₹1,025–₹1,030 range or deeper at ₹900-₹950, so 1020 acts as a short-term defense level.
Target: ₹1,132 (Based on your request). Note: The immediate 52-week high is around ₹1,273, with significant intermediate resistance near ₹1,100–₹1,130 based on recent, high-volume trading activity.
Current Context: The futures recently experienced a 3-day decline, losing 5.67% and high open interest (OI) suggesting elevated short positions or hedging, meaning a move to 1132 would likely require a reversal of this bearish momentum.
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.