Price is approaching a key resistance zone around ₹160.
A clear breakout above ₹160 with strong volume can indicate bullish momentum.
Traders generally watch for follow-through candles and retests after a breakout.
Support remains near the ₹142 zone.
Observing volume confirmation is crucial to differentiate between true breakout and false breakout.
⚠️ Disclaimer: This is for educational purposes only. I am not SEBI registered. Please do your own analysis before making trading or investing decisions.
A clear breakout above ₹160 with strong volume can indicate bullish momentum.
Traders generally watch for follow-through candles and retests after a breakout.
Support remains near the ₹142 zone.
Observing volume confirmation is crucial to differentiate between true breakout and false breakout.
⚠️ Disclaimer: This is for educational purposes only. I am not SEBI registered. Please do your own analysis before making trading or investing decisions.
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.
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.