Current structure shows a tight symmetrical triangle, indicating:
Volatility contraction
Supply absorption
Breakout preparation
Breakout Level: ₹9,200
Upside Targets after breakout:- ₹9,350, ₹9,500, ₹9,750
Triangle Support: ~₹8,850–₹8,900
Volume is gradually reducing → a typical pre-breakout behavior. Watch for high volume breakout above ₹9,200.
Volatility contraction
Supply absorption
Breakout preparation
Breakout Level: ₹9,200
Upside Targets after breakout:- ₹9,350, ₹9,500, ₹9,750
Triangle Support: ~₹8,850–₹8,900
Volume is gradually reducing → a typical pre-breakout behavior. Watch for high volume breakout above ₹9,200.
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.