The stock broke out above the ₹610 resistance with a strong bullish candle and significant price momentum, indicating a breakout.
📌 Key Technical Levels
Immediate Resistance Zone: ₹675–₹700
Immediate Support Zone: ₹610 (former resistance, now support)
Secondary Support: Around ₹570 (lower triangle boundary)
📈 Trend Outlook
Short-Term: Strong bullish momentum confirmed by the breakout.
Medium-Term: Bullish trend resumption likely after a phase of consolidation.
⚠️ Disclaimer
This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any securities. Always consult a qualified financial advisor before making any investment decisions. Markets are subject to risks, and past performance is not indicative of future results.
📌 Key Technical Levels
Immediate Resistance Zone: ₹675–₹700
Immediate Support Zone: ₹610 (former resistance, now support)
Secondary Support: Around ₹570 (lower triangle boundary)
📈 Trend Outlook
Short-Term: Strong bullish momentum confirmed by the breakout.
Medium-Term: Bullish trend resumption likely after a phase of consolidation.
⚠️ Disclaimer
This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any securities. Always consult a qualified financial advisor before making any investment decisions. Markets are subject to risks, and past performance is not indicative of future results.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.