CMP 171.80 on 04.08.25
The chart is self-explanatory. Resistances and supports are mentioned according to the setup. Immediate support seems to be around 160, whereas the lower support area is around 148.
Stochastic RSI is trying to rise at present.
If it goes upward, targets may be 217, 237, or more.
Entry-level and position size should be considered according to the exit price (if going at a loss).
If it sustains below 145, this setup will go weak.
This illustration is purely my own view, for learning and sharing purposes only. This is not buying or selling advice, as I am not a registered analyst.
All the best.
The chart is self-explanatory. Resistances and supports are mentioned according to the setup. Immediate support seems to be around 160, whereas the lower support area is around 148.
Stochastic RSI is trying to rise at present.
If it goes upward, targets may be 217, 237, or more.
Entry-level and position size should be considered according to the exit price (if going at a loss).
If it sustains below 145, this setup will go weak.
This illustration is purely my own view, for learning and sharing purposes only. This is not buying or selling advice, as I am not a registered analyst.
All the best.
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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.