Firstly apologies for not posting regularly but as there's few restrictions on analysis for stock by SEBI & by trading view so we need to follow them & here's the chart on day time frame where price formed a spinning doji &
-->on weekly chart price formed "DOJI" candle shows indecisiveness,
-->on day chart a "Spinning Doji candle" & wicks of 10 points & body of 9 points but if takes close value it gets to 10 so we trade above or below it only.
-->on hourly basis {1hr & 2hr} price formed a "Descending candle pattern", so here's a probability of price giving a fake break .
for any buying or long position "1680" above candle closes & trades on day chart we can go long.
for Monday if price takes rejection from trendline sell or if price opens flat 1st candle green takes rejection from or near 1615-1620 then upon rejection candle we can sell & if flat & price goes below 1587 then 1578tgt can be seen, if further goes down then trail candle to candle,
1618-1586==> no trade zone

here's the hourly chart with path & scenarios pls follow it.
-->on weekly chart price formed "DOJI" candle shows indecisiveness,
-->on day chart a "Spinning Doji candle" & wicks of 10 points & body of 9 points but if takes close value it gets to 10 so we trade above or below it only.
-->on hourly basis {1hr & 2hr} price formed a "Descending candle pattern", so here's a probability of price giving a fake break .
for any buying or long position "1680" above candle closes & trades on day chart we can go long.
for Monday if price takes rejection from trendline sell or if price opens flat 1st candle green takes rejection from or near 1615-1620 then upon rejection candle we can sell & if flat & price goes below 1587 then 1578tgt can be seen, if further goes down then trail candle to candle,
1618-1586==> no trade zone
here's the hourly chart with path & scenarios pls follow it.
Trade active
firstly accept my apologies as didn't posted regular updates on stock as due to SEBI guidelines and posting this analysis for a very short term for a week till 26/6/2025 as June month expiry.
support at 1620 a strong and 1720 a resistance a "W" on day chart and neckline at 1723.90 and a follow up candle can form on 23/6/2025 but a small fall till 1638 then can go up or stay sideways.
flat opens wait for price to take rejection from top or if 1st 15min candle forms red and closing comes below 1674 then 1667-1663 level can be seen then to 1660-1654.35 level.
flat opens 1st 15min candle forms green closes above 1702.60 then wait as 1723.90/1724 a strong hurdle if price takes rejection from top at this level then a selling till 1685 can be seen or if strong buying comes with big volume bar then wait and let it go for a day then trade on next month expiry or in cash[equity] on next day.
price can stay in a range on 1723.90 at top to 1630 a bottom
Order cancelled
price is weak on weekly chart and on daily chart too and can fall further till 1350 level but before than 1400 a psychological round level so price will try to get support a little here,so for Monday i.e. 1-sep-2025 if flat opens then wait for 1420 below 15min candle closing for 1403.35-1400 as 1st tgt then 1380 as next tgt levels and if gap down opens then wait for 1hr i.e. till 10:15am then see the move and trade.
pls follow the chart posted here and this chart is for only 1 sep to 3 sep 2025and after that there's no point in following the chart. As 1333-1350 is next support but before that a small buying can come in intraday but can trap.
Disclaimer :- Idea shared here is personal view point which includes various technical indicators and analysis by previous price patterns , so pls consult with your financial advisor before taking any trade or investment.
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.