Trend
Long-term trend remains bearish to neutral.
Stock is trading well below its 52-week high and IT sector sentiment remains weak after Accenture's cautious outlook.
However, a short-term base is forming around ₹2,100–2,120.
Key Swing Levels
Level Type Price Zone
Strong Support ₹2,080 – ₹2,120
Major Support ₹2,000 – ₹2,050
Immediate Resistance ₹2,190 – ₹2,220
Breakout Resistance ₹2,260 – ₹2,300
Swing Target 1 ₹2,350
Swing Target 2 ₹2,450
Swing Target 3 ₹2,600
These levels align with recent weekly support-resistance zones and market structure.
Swing Trade Setup
Bullish Setup
Buy above ₹2,220 on daily closing.
Stop Loss: ₹2,120
Targets:
₹2,350
₹2,450
₹2,600
Aggressive Buy Zone
Accumulate near ₹2,080–2,120
Stop Loss: ₹1,995
Target: ₹2,300–2,450
Bearish Scenario
Daily close below ₹2,080
Downside targets:
₹2,000
₹1,920
₹1,850
Trading View
✅ Risk-Reward becomes attractive near ₹2,100 support.
⚠️ Fresh swing buying is safer only after a breakout above ₹2,220–2,250 because the overall IT sector remains under pressure.
Swing Rating: 6.5/10 (Neutral-Bullish above ₹2,220, Weak below ₹2,080)
Long-term trend remains bearish to neutral.
Stock is trading well below its 52-week high and IT sector sentiment remains weak after Accenture's cautious outlook.
However, a short-term base is forming around ₹2,100–2,120.
Key Swing Levels
Level Type Price Zone
Strong Support ₹2,080 – ₹2,120
Major Support ₹2,000 – ₹2,050
Immediate Resistance ₹2,190 – ₹2,220
Breakout Resistance ₹2,260 – ₹2,300
Swing Target 1 ₹2,350
Swing Target 2 ₹2,450
Swing Target 3 ₹2,600
These levels align with recent weekly support-resistance zones and market structure.
Swing Trade Setup
Bullish Setup
Buy above ₹2,220 on daily closing.
Stop Loss: ₹2,120
Targets:
₹2,350
₹2,450
₹2,600
Aggressive Buy Zone
Accumulate near ₹2,080–2,120
Stop Loss: ₹1,995
Target: ₹2,300–2,450
Bearish Scenario
Daily close below ₹2,080
Downside targets:
₹2,000
₹1,920
₹1,850
Trading View
✅ Risk-Reward becomes attractive near ₹2,100 support.
⚠️ Fresh swing buying is safer only after a breakout above ₹2,220–2,250 because the overall IT sector remains under pressure.
Swing Rating: 6.5/10 (Neutral-Bullish above ₹2,220, Weak below ₹2,080)
Hye Guys,Welcome to a professional trading journey built on precision, discipline, and smart money concepts.
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Hye Guys,Welcome to a professional trading journey built on precision, discipline, and smart money concepts.
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
