Price has broken out of a long-term falling channel, signaling a trend shift from bearish to bullish.
Buy Zone:
₹66–₹67 on pullback to former resistance turned support
Or on daily close above ₹70 for continuation
Stop-Loss:
Below ₹65 (structure-based)
Targets:
T1: ₹73–₹75
T2: ₹78–₹80
- Post-breakout structure shows higher highs and higher lows, confirming strength.
- Price has broken out of a long-term falling channel, signaling a trend shift from bearish to bullish.
Buy Zone:
₹66–₹67 on pullback to former resistance turned support
Or on daily close above ₹70 for continuation
Stop-Loss:
Below ₹65 (structure-based)
Targets:
T1: ₹73–₹75
T2: ₹78–₹80
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.