Timeframe: 1D
CMP (approx): ₹494
Structure: Downtrend → Mitigation Block → Attempted Recovery
Projection Scenarios
Bullish Scenario (High Probability if Strength Continues)
If price sustains above ₹524, structure shifts bullish on daily timeframe.
Upside Path:
Target 1: ₹576
Target 2: ₹632
Swing Target: ₹699–₹701
📌 Break above ₹526 = Trend Reversal Confirmation
📌 Volume expansion above 526 can accelerate move
Range Scenario (Short-Term Consolidation)
If price fails near ₹524:
Stock may consolidate between ₹470–₹525
Accumulation possible before breakout
Bearish Scenario (If Weakness Returns)
If price closes below ₹470:
Retest of ₹442 zone possible
Break below ₹417 = fresh downside leg
Performance Snapshot:
• 1W: +4.2%
• 1M: –10%
• 3M: –11.9%
• YTD: –6.6%
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer/
CMP (approx): ₹494
Structure: Downtrend → Mitigation Block → Attempted Recovery
Projection Scenarios
Bullish Scenario (High Probability if Strength Continues)
If price sustains above ₹524, structure shifts bullish on daily timeframe.
Upside Path:
Target 1: ₹576
Target 2: ₹632
Swing Target: ₹699–₹701
📌 Break above ₹526 = Trend Reversal Confirmation
📌 Volume expansion above 526 can accelerate move
Range Scenario (Short-Term Consolidation)
If price fails near ₹524:
Stock may consolidate between ₹470–₹525
Accumulation possible before breakout
Bearish Scenario (If Weakness Returns)
If price closes below ₹470:
Retest of ₹442 zone possible
Break below ₹417 = fresh downside leg
Performance Snapshot:
• 1W: +4.2%
• 1M: –10%
• 3M: –11.9%
• YTD: –6.6%
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer/
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.