Approx Current Zone: around ₹405–₹415 area (recent technical reference).
Key Resistance Levels (Monthly)
₹425 – ₹430 → First strong resistance zone
₹440 – ₹450 → Major breakout level
₹475 – ₹500 → Long-term monthly target zone if strong breakout happens
Key Support Levels (Monthly)
₹400 – ₹395 → Immediate monthly support
₹370 – ₹365 → Strong demand zone
₹350 – ₹335 → Major long-term support zone
Monthly Pivot Zone
Pivot: around ₹410 – ₹420
Above pivot → bullish bias
Below pivot → consolidation / correction risk
Trend Indicators
RSI: around neutral-weak zone (~40-46) showing consolidation.
Moving averages: price near 100-day and 200-day averages, indicating sideways trend before a big move.
Monthly Structure (Simple View)
Bullish breakout: above ₹430–₹440
Sideways range: ₹370 – ₹430
Bearish breakdown: below ₹365
Possible Monthly Targets
Upside: ₹435 → ₹450 → ₹475
Downside: ₹395 → ₹370 → ₹350
Key Resistance Levels (Monthly)
₹425 – ₹430 → First strong resistance zone
₹440 – ₹450 → Major breakout level
₹475 – ₹500 → Long-term monthly target zone if strong breakout happens
Key Support Levels (Monthly)
₹400 – ₹395 → Immediate monthly support
₹370 – ₹365 → Strong demand zone
₹350 – ₹335 → Major long-term support zone
Monthly Pivot Zone
Pivot: around ₹410 – ₹420
Above pivot → bullish bias
Below pivot → consolidation / correction risk
Trend Indicators
RSI: around neutral-weak zone (~40-46) showing consolidation.
Moving averages: price near 100-day and 200-day averages, indicating sideways trend before a big move.
Monthly Structure (Simple View)
Bullish breakout: above ₹430–₹440
Sideways range: ₹370 – ₹430
Bearish breakdown: below ₹365
Possible Monthly Targets
Upside: ₹435 → ₹450 → ₹475
Downside: ₹395 → ₹370 → ₹350
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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.
