📊 Current Price Context
Latest trading range (approx): ₹99–₹103 per share.
📈 Weekly Key Levels (Approximate)
🎯 Resistance Levels
These are areas where upside price movement may slow or reverse:
1. First Resistance: ~₹108–₹109 — near recent pivot resistance.
2. Next Resistance: ~₹113–₹116 — upper weekly resistance zone.
3. Higher Target: ~₹118–₹120+ — longer weekly resistance/extension.
📉 Support Levels
These are areas where price may find buying interest or a bounce:
1. Immediate Support: ~₹101–₹102 — just below recent price and short‑term pivot support.
2. Secondary Support: ~₹98–₹99 — next downside zone.
3. Lower Support: ~₹94–₹95 — deeper support if weakness continues.
📌 Weekly Pivot Reference
Pivot Level (central reference): ~₹106 — roughly the fulcrum of bulls vs. bears this week.
🛠 How to Use These Levels (Weekly Basis)
Bullish scenario:
✅ If the weekly close breaks and holds above ₹108–₹109, next resistance targets of ₹113–₹116 become active.
Bearish scenario:
❌ Failure below ₹101–₹102 could open the path toward ₹98–₹95 support.
Range bias:
🟡 Price may oscillate between ₹101–₹113 in the absence of a decisive trend signal.
Latest trading range (approx): ₹99–₹103 per share.
📈 Weekly Key Levels (Approximate)
🎯 Resistance Levels
These are areas where upside price movement may slow or reverse:
1. First Resistance: ~₹108–₹109 — near recent pivot resistance.
2. Next Resistance: ~₹113–₹116 — upper weekly resistance zone.
3. Higher Target: ~₹118–₹120+ — longer weekly resistance/extension.
📉 Support Levels
These are areas where price may find buying interest or a bounce:
1. Immediate Support: ~₹101–₹102 — just below recent price and short‑term pivot support.
2. Secondary Support: ~₹98–₹99 — next downside zone.
3. Lower Support: ~₹94–₹95 — deeper support if weakness continues.
📌 Weekly Pivot Reference
Pivot Level (central reference): ~₹106 — roughly the fulcrum of bulls vs. bears this week.
🛠 How to Use These Levels (Weekly Basis)
Bullish scenario:
✅ If the weekly close breaks and holds above ₹108–₹109, next resistance targets of ₹113–₹116 become active.
Bearish scenario:
❌ Failure below ₹101–₹102 could open the path toward ₹98–₹95 support.
Range bias:
🟡 Price may oscillate between ₹101–₹113 in the absence of a decisive trend signal.
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
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.
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
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.
