Resistance
R1: ₹1,050–1,056
R2: ₹1,080–1,085
R3: ₹1,100–1,102 (52-week high zone)
Support
S1: ₹1,020–1,025
S2: ₹992–1,000
S3: ₹963–965 (major weekly support)
Trading Plan
🟢 Bullish Scenario
Sustaining above ₹1,050 can trigger a breakout.
Upside targets:
₹1,080
₹1,100
₹1,130 (if momentum continues)
🔴 Bearish Scenario
A close below ₹1,020 may invite profit booking.
Downside levels:
₹1,000
₹992
₹963
Trend View
Short-term: Bullish
Swing Trend: Bullish above ₹992
Momentum: Positive with buyers in control, but watch for rejection near ₹1,080.
R1: ₹1,050–1,056
R2: ₹1,080–1,085
R3: ₹1,100–1,102 (52-week high zone)
Support
S1: ₹1,020–1,025
S2: ₹992–1,000
S3: ₹963–965 (major weekly support)
Trading Plan
🟢 Bullish Scenario
Sustaining above ₹1,050 can trigger a breakout.
Upside targets:
₹1,080
₹1,100
₹1,130 (if momentum continues)
🔴 Bearish Scenario
A close below ₹1,020 may invite profit booking.
Downside levels:
₹1,000
₹992
₹963
Trend View
Short-term: Bullish
Swing Trend: Bullish above ₹992
Momentum: Positive with buyers in control, but watch for rejection near ₹1,080.
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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.
Related publications
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.