๐ Key Technical Levels for the Week
Resistance Levels:
R1: โน1,005.43
R2: โน1,021.02
R3: โน1,034.00
Support Levels:
S1: โน965.32
S2: โน949.73
S3: โน937.47
A close above โน1,005.43 could indicate a breakout, while a drop below โน965.32 may signal a potential reversal.
๐ Technical Indicators
RSI (14): 77.88 โ Overbought, suggesting potential for a pullback.
MACD: Positive, indicating bullish momentum.
CCI: 202.29 โ Overbought, aligning with the RSI reading.
ADX: 32.18 โ Bullish trend strength.
The stock is trading above its 20-day and 50-day moving averages, indicating a bullish trend.
๐ Weekly Outlook
Trading Range: โน937.47 โ โน1,021.02
Immediate Support: โน965.32
Immediate Resistance: โน993.17
A close above โน1,005.43 could lead to further gains, while a close below โน965.32 may suggest a bearish reversal.
Resistance Levels:
R1: โน1,005.43
R2: โน1,021.02
R3: โน1,034.00
Support Levels:
S1: โน965.32
S2: โน949.73
S3: โน937.47
A close above โน1,005.43 could indicate a breakout, while a drop below โน965.32 may signal a potential reversal.
๐ Technical Indicators
RSI (14): 77.88 โ Overbought, suggesting potential for a pullback.
MACD: Positive, indicating bullish momentum.
CCI: 202.29 โ Overbought, aligning with the RSI reading.
ADX: 32.18 โ Bullish trend strength.
The stock is trading above its 20-day and 50-day moving averages, indicating a bullish trend.
๐ Weekly Outlook
Trading Range: โน937.47 โ โน1,021.02
Immediate Support: โน965.32
Immediate Resistance: โน993.17
A close above โน1,005.43 could lead to further gains, while a close below โน965.32 may suggest a bearish reversal.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
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.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
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.