BSE Ltd has given a decisive breakout above the ₹2550–₹2570 resistance zone after weeks of consolidation. The breakout is supported by a strong volume surge and bullish RSI momentum crossing above 65, indicating strength in the move.
• Chart Pattern: Horizontal breakout from multi-week range
• Entry Zone: ₹2580–₹2620
• Target: ₹2815+ (based on range projection and resistance levels)
• Stop Loss: ₹2470 (below breakout zone)
• Volume: Significant spike confirming institutional participation
• RSI: Staying strong near 69, showing sustained bullish pressure
If price sustains above ₹2550 on daily closing, the momentum can carry toward ₹2800–₹2850 in the near term.
📈 Bias: Bullish
🕒 Timeframe: Daily
• Chart Pattern: Horizontal breakout from multi-week range
• Entry Zone: ₹2580–₹2620
• Target: ₹2815+ (based on range projection and resistance levels)
• Stop Loss: ₹2470 (below breakout zone)
• Volume: Significant spike confirming institutional participation
• RSI: Staying strong near 69, showing sustained bullish pressure
If price sustains above ₹2550 on daily closing, the momentum can carry toward ₹2800–₹2850 in the near term.
📈 Bias: Bullish
🕒 Timeframe: Daily
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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.