📊 Current Price Snapshot (Recent Close)
📌 Last traded price: ~₹251–₹255 range (as per latest market data).
📈 Key 1‑Week Technical Levels (Support & Resistance)
🔻 Support Levels — Where Buyers May Step In
Immediate support: ~₹248–₹252 (current level area)
Secondary support: ~₹245–₹247 (short‑term downside buffer)
Lower support: ~₹241–₹242 (deeper short‑term demand zone)
➡️ If price stays above ~₹248, short‑term weakness may stabilize.
🔺 Resistance Levels — Where Selling Might Appear
R1 (first resistance): ~₹255–₹256 (near immediate intraday hurdle)
R2 (next resistance): ~₹259–₹260 (near short‑term pivot barrier)
R3 (higher resistance): ~₹262–₹263 (short‑term rally target on strength)
➡️ A breakout above ~₹259–₹260 with volume could signal a short‑term bounce.
📅 1‑Week Scenario Outlook
➡️ Bearish scenario (higher probability given current momentum):
Price remains below ₹259–₹260 resistance → likely to trade lower toward ₹245 and possibly at ₹241–₹242 zone.
➡️ Bullish reversal setup (requires catalyst):
Price breaks and sustains above ₹259–₹260 with decent volume → could see rally toward ₹262+ within week.
⚠️ Important Notes
This is a technical perspective only (not investment advice).
Price movements can change rapidly with market news, volumes, and macro catalysts.
Use stop‑loss and risk management if planning any trades.
📌 Last traded price: ~₹251–₹255 range (as per latest market data).
📈 Key 1‑Week Technical Levels (Support & Resistance)
🔻 Support Levels — Where Buyers May Step In
Immediate support: ~₹248–₹252 (current level area)
Secondary support: ~₹245–₹247 (short‑term downside buffer)
Lower support: ~₹241–₹242 (deeper short‑term demand zone)
➡️ If price stays above ~₹248, short‑term weakness may stabilize.
🔺 Resistance Levels — Where Selling Might Appear
R1 (first resistance): ~₹255–₹256 (near immediate intraday hurdle)
R2 (next resistance): ~₹259–₹260 (near short‑term pivot barrier)
R3 (higher resistance): ~₹262–₹263 (short‑term rally target on strength)
➡️ A breakout above ~₹259–₹260 with volume could signal a short‑term bounce.
📅 1‑Week Scenario Outlook
➡️ Bearish scenario (higher probability given current momentum):
Price remains below ₹259–₹260 resistance → likely to trade lower toward ₹245 and possibly at ₹241–₹242 zone.
➡️ Bullish reversal setup (requires catalyst):
Price breaks and sustains above ₹259–₹260 with decent volume → could see rally toward ₹262+ within week.
⚠️ Important Notes
This is a technical perspective only (not investment advice).
Price movements can change rapidly with market news, volumes, and macro catalysts.
Use stop‑loss and risk management if planning any trades.
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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.