📌 Current Price Snapshot
Latest traded price: ~₹71.5 – ₹72.7 on NSE today with strong intraday volatility. Daily high ~₹72.70 and low ~₹63.86.
This wide daily range suggests higher volatility this week — at least through the next few sessions.
📊 Short‑Term Weekly Levels
🔹 Resistance (Upside)
These are levels where price may face selling pressure or slow gains:
1. ₹72.5 – ₹73.0 — Immediate resistance area (today’s local high).
2. ₹75.0 – ₹76.0 — Next bullish pivot region if the stock holds above ₹72.5 (based on momentum models).
3. ₹78.0 – ₹80.0 — Stronger weekly upward pull target if bullish continuation holds.
👉 Closing above ₹75 on the weekly timeframe would indicate stronger short‑term bullish structure.
🔻 Support (Downside)
Levels where buyers may step in on pullbacks:
1. ₹66.0 – ₹67.0 — First dynamic support (near shorter moving averages).
2. ₹62.0 – ₹63.5 — Key lower support zone (recent daily lows).
3. ₹60.0 – ₹61.0 — Deeper weekly support — important to watch if breakdown accelerates.
👉 A break below ₹62 on weekly closes would weaken the bullish outlook and could open the door toward deeper supports.
📈 Technical Indicator Context
Technical breadth is largely bullish/momentum supportive:
📌 Moving Averages:
5, 10, 20, 50, 100, and 200‑day MAs all skew Buy — suggesting bullish trend alignment.
📌 RSI (14): ~65 — trending up but not yet extremely overbought.
📌 Stoch/RSI: Overbought on shorter timeframes — may hint at near‑term consolidation before higher breakout.
Summary: Momentum still skewed bullish overall, but short‑term traders should watch for near‑term pullbacks or consolidations due to overbought signals.
Latest traded price: ~₹71.5 – ₹72.7 on NSE today with strong intraday volatility. Daily high ~₹72.70 and low ~₹63.86.
This wide daily range suggests higher volatility this week — at least through the next few sessions.
📊 Short‑Term Weekly Levels
🔹 Resistance (Upside)
These are levels where price may face selling pressure or slow gains:
1. ₹72.5 – ₹73.0 — Immediate resistance area (today’s local high).
2. ₹75.0 – ₹76.0 — Next bullish pivot region if the stock holds above ₹72.5 (based on momentum models).
3. ₹78.0 – ₹80.0 — Stronger weekly upward pull target if bullish continuation holds.
👉 Closing above ₹75 on the weekly timeframe would indicate stronger short‑term bullish structure.
🔻 Support (Downside)
Levels where buyers may step in on pullbacks:
1. ₹66.0 – ₹67.0 — First dynamic support (near shorter moving averages).
2. ₹62.0 – ₹63.5 — Key lower support zone (recent daily lows).
3. ₹60.0 – ₹61.0 — Deeper weekly support — important to watch if breakdown accelerates.
👉 A break below ₹62 on weekly closes would weaken the bullish outlook and could open the door toward deeper supports.
📈 Technical Indicator Context
Technical breadth is largely bullish/momentum supportive:
📌 Moving Averages:
5, 10, 20, 50, 100, and 200‑day MAs all skew Buy — suggesting bullish trend alignment.
📌 RSI (14): ~65 — trending up but not yet extremely overbought.
📌 Stoch/RSI: Overbought on shorter timeframes — may hint at near‑term consolidation before higher breakout.
Summary: Momentum still skewed bullish overall, but short‑term traders should watch for near‑term pullbacks or consolidations due to overbought signals.
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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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
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!
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.