Strong uptrend. Price is consolidating just below resistance (~₹565–570). This looks like a healthy pause after a sharp rally. Expectation: a breakout above ₹570 can lead to a fast move higher; downside remains limited as long as ~₹545 holds.
Next possible targets (on upside):
₹620–630 → first immediate target after breakout
₹650 → next resistance / partial profit zone
₹700–720 → measured move if momentum sustains
Final target 820
Key condition: these come into play only if price sustains above ~₹570.
Next possible targets (on upside):
₹620–630 → first immediate target after breakout
₹650 → next resistance / partial profit zone
₹700–720 → measured move if momentum sustains
Final target 820
Key condition: these come into play only if price sustains above ~₹570.
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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.