₹1,345.80 (NSE)
Day’s Range: ₹1,342.60 – ₹1,356.60
52-Week Range: ₹1,186.00 – ₹1,500.00
📉 Technical Overview
Trend: The stock is trading below its 200-day moving average, indicating a mildly bearish trend.
RSI: Currently at 26.6, suggesting the stock is in the oversold zone.
MACD: At -10.01, reinforcing the bearish momentum.
Moving Averages: A strong sell signal is indicated, with 0 buy signals and 12 sell signals across various timeframes.
🔼 Potential Upside (Rise)
Immediate Resistance: ₹1,355 – ₹1,365
Breakout Target: Above ₹1,365, the next resistance is around ₹1,380 – ₹1,390.
Bullish Confirmation: A close above ₹1,390 could signal a reversal or consolidation.
🔽 Potential Downside (Fall)
Immediate Support: ₹1,340 – ₹1,330
Breakdown Target: Below ₹1,330, the stock may test ₹1,310 – ₹1,300.
Bearish Confirmation: A close below ₹1,300 would strengthen the bearish outlook.
✅ Summary
Above ₹1,365: Potential rise toward ₹1,380 – ₹1,390.
Below ₹1,330: Potential fall toward ₹1,310 – ₹1,300.
Between ₹1,330 – ₹1,365: Likely range-bound movement.
Day’s Range: ₹1,342.60 – ₹1,356.60
52-Week Range: ₹1,186.00 – ₹1,500.00
📉 Technical Overview
Trend: The stock is trading below its 200-day moving average, indicating a mildly bearish trend.
RSI: Currently at 26.6, suggesting the stock is in the oversold zone.
MACD: At -10.01, reinforcing the bearish momentum.
Moving Averages: A strong sell signal is indicated, with 0 buy signals and 12 sell signals across various timeframes.
🔼 Potential Upside (Rise)
Immediate Resistance: ₹1,355 – ₹1,365
Breakout Target: Above ₹1,365, the next resistance is around ₹1,380 – ₹1,390.
Bullish Confirmation: A close above ₹1,390 could signal a reversal or consolidation.
🔽 Potential Downside (Fall)
Immediate Support: ₹1,340 – ₹1,330
Breakdown Target: Below ₹1,330, the stock may test ₹1,310 – ₹1,300.
Bearish Confirmation: A close below ₹1,300 would strengthen the bearish outlook.
✅ Summary
Above ₹1,365: Potential rise toward ₹1,380 – ₹1,390.
Below ₹1,330: Potential fall toward ₹1,310 – ₹1,300.
Between ₹1,330 – ₹1,365: Likely range-bound movement.
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.
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.