IRCON 1 Month Time Frame

📊 Current context & trend

The stock is trading around ₹135-₹140 zone and is below most medium/long-term moving averages (bearish bias).

Monthly and short-term momentum shows weakness / downtrend pressure.

🔁 1-Month Key Levels (Support & Resistance)
📈 Resistance (Potential Ceiling)

R1 – ~₹139.7

R2 – ~₹143.2

R3 – ~₹145.8
(These are resistance pivots from recent pivot data and typical trading range markers.)

📉 Support (Potential Floor)

S1 – ~₹133.6

S2 – ~₹131.0

S3 – ~₹127.5
(These are key support pivots where the price may find buying interest on declines.)

📌 Price Structure Summary — 1-Month

Bullish above:
✔️ Above ~₹143.2 → next resistance zone ~₹145-₹148+
Neutral/Range:
➤ ~₹138-₹143 → oscillation with sideways bias
Bearish below:
❌ Below ~₹133 → potential move down to ~₹127–₹125+