📌 MCX Current Market Snapshot
Current Price: ~₹2,360 – ₹2,370 per share (approx live market price)
52‑Week Range: ₹881 – ₹2,380+
📊 Weekly Technical Levels (Pivot‑Based)
These levels come from the most recent pivot calculations for the weekly timeframe.
Weekly Resistance
R3: ~₹2,458.67
R2: ~₹2,398.33
R1: ~₹2,294.67
Weekly Pivot (Central Reference):
Pivot: ~₹2,234.33
Weekly Support
S1: ~₹2,130.67
S2: ~₹2,070.33
S3: ~₹1,966.67
📌 Interpretation
Trend bias above the pivot (~₹2,234) — bullish weekly bias as long as price stays above this.
Immediate resistance band: ~₹2,294‑₹2,398 — watch for weekly closes above to confirm momentum.
Strong weekly breakout trigger: above ₹2,398‑₹2,458 on closing basis can open extended upside.
Key support zone: ~₹2,130‑₹2,070 — weekly closes below this can indicate deeper pullback risk toward ~₹1,966.
📈 How to Use These Weekly Levels
Bullish scenario
Weekly close above the pivot zone (~₹2,234) and hold above R1 can lead to tests of R2/R3.
Breakouts beyond ₹2,398 with volume increase strengthen upward momentum.
Bearish scenario
Weekly close below ₹2,130 suggests sellers scaling up and possible move toward S2/S3.
Watch for rejection signals (long wicks, bearish candles) near upper resistances.
Current Price: ~₹2,360 – ₹2,370 per share (approx live market price)
52‑Week Range: ₹881 – ₹2,380+
📊 Weekly Technical Levels (Pivot‑Based)
These levels come from the most recent pivot calculations for the weekly timeframe.
Weekly Resistance
R3: ~₹2,458.67
R2: ~₹2,398.33
R1: ~₹2,294.67
Weekly Pivot (Central Reference):
Pivot: ~₹2,234.33
Weekly Support
S1: ~₹2,130.67
S2: ~₹2,070.33
S3: ~₹1,966.67
📌 Interpretation
Trend bias above the pivot (~₹2,234) — bullish weekly bias as long as price stays above this.
Immediate resistance band: ~₹2,294‑₹2,398 — watch for weekly closes above to confirm momentum.
Strong weekly breakout trigger: above ₹2,398‑₹2,458 on closing basis can open extended upside.
Key support zone: ~₹2,130‑₹2,070 — weekly closes below this can indicate deeper pullback risk toward ~₹1,966.
📈 How to Use These Weekly Levels
Bullish scenario
Weekly close above the pivot zone (~₹2,234) and hold above R1 can lead to tests of R2/R3.
Breakouts beyond ₹2,398 with volume increase strengthen upward momentum.
Bearish scenario
Weekly close below ₹2,130 suggests sellers scaling up and possible move toward S2/S3.
Watch for rejection signals (long wicks, bearish candles) near upper resistances.
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!
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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!
Powiązane publikacje
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.