🚨 Breakout Watch: Data Pattern 🚨
Bullish above ₹2980 (Closing Basis)
📍 CMP: ₹2865 | 🎯 Short-Term Target: ₹3500–₹4000
❌ Pattern Negated Below: ₹2450
Price trades firmly above the 50D / 100D / 200D MAs, confirming long-term strength.
RSI remains in the bullish zone across all timeframes (Daily: 69.7 | Weekly: 66.96 | Monthly: 60.04).
ADX at 35.14 with a wide DMI spread of 64.37% signals a strong bullish trend.
Stock is above the Ichimoku Cloud with a solid bullish crossover (Tenkan > Kijun).
Bollinger Bands and Donchian Channel show high-range potential with nearly 48% width each.
🔥 Watch for breakout above ₹2980 — upside momentum looks strong!
📉 Invalid below ₹2450
(For Educational Purpose Only)
Bullish above ₹2980 (Closing Basis)
📍 CMP: ₹2865 | 🎯 Short-Term Target: ₹3500–₹4000
❌ Pattern Negated Below: ₹2450
Price trades firmly above the 50D / 100D / 200D MAs, confirming long-term strength.
RSI remains in the bullish zone across all timeframes (Daily: 69.7 | Weekly: 66.96 | Monthly: 60.04).
ADX at 35.14 with a wide DMI spread of 64.37% signals a strong bullish trend.
Stock is above the Ichimoku Cloud with a solid bullish crossover (Tenkan > Kijun).
Bollinger Bands and Donchian Channel show high-range potential with nearly 48% width each.
🔥 Watch for breakout above ₹2980 — upside momentum looks strong!
📉 Invalid below ₹2450
(For Educational Purpose Only)
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.