📊 Current Snapshot
Current Price: ₹967.95
Day’s Range: ₹959.90 – ₹968.90
Previous Close: ₹965.90
Opening Price (4H): ₹960.30
Volume: Approximately 7.2 million shares
📈 Trend & Indicators
Trend: Neutral to mildly bullish; trading near short-term resistance.
RSI (14): Neutral zone.
MACD: Positive → indicating mild bullish momentum.
Moving Averages: Short-term averages indicate neutral to slightly bullish outlook.
🔮 Outlook
Bullish Scenario: Break above ₹968.90 with strong volume could target ₹975.00.
Bearish Scenario: Drop below ₹960.00 may lead to further decline toward ₹950.00.
Neutral Scenario: Consolidation between ₹960.00 – ₹968.90; breakout needed for directional move.
📌 Key Factors to Watch
Economic Indicators: Interest rates, inflation, and RBI policy updates.
Sector Performance: Trends in the banking sector.
Global Cues: Global market trends, US indices, crude oil, and currency movements.
Current Price: ₹967.95
Day’s Range: ₹959.90 – ₹968.90
Previous Close: ₹965.90
Opening Price (4H): ₹960.30
Volume: Approximately 7.2 million shares
📈 Trend & Indicators
Trend: Neutral to mildly bullish; trading near short-term resistance.
RSI (14): Neutral zone.
MACD: Positive → indicating mild bullish momentum.
Moving Averages: Short-term averages indicate neutral to slightly bullish outlook.
🔮 Outlook
Bullish Scenario: Break above ₹968.90 with strong volume could target ₹975.00.
Bearish Scenario: Drop below ₹960.00 may lead to further decline toward ₹950.00.
Neutral Scenario: Consolidation between ₹960.00 – ₹968.90; breakout needed for directional move.
📌 Key Factors to Watch
Economic Indicators: Interest rates, inflation, and RBI policy updates.
Sector Performance: Trends in the banking sector.
Global Cues: Global market trends, US indices, crude oil, and currency movements.
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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.