📊 Current Overview
Current Price: Around ₹1,122 – ₹1,123
Recently touched 52-week high levels.
Trend is overall bullish with strong momentum.
🔍 Support & Resistance
Immediate Support: ₹1,110 – ₹1,100
Next Support: ₹1,085
Immediate Resistance: ₹1,125 – ₹1,130
Next Resistance: ₹1,140+
📈 Indicators
Moving Averages (5, 10, 20, 50, 100, 200): All pointing bullish, price is trading above them.
RSI (14): Around 67, showing strong momentum but close to overbought zone.
MACD & ADX: Both suggest continuation of uptrend.
🎯 Possible Scenarios
Bullish Side: A breakout above ₹1,130 can push towards ₹1,140 – ₹1,150.
Bearish Side: If price rejects at resistance, it may pull back to ₹1,110, and deeper towards ₹1,085.
Current Price: Around ₹1,122 – ₹1,123
Recently touched 52-week high levels.
Trend is overall bullish with strong momentum.
🔍 Support & Resistance
Immediate Support: ₹1,110 – ₹1,100
Next Support: ₹1,085
Immediate Resistance: ₹1,125 – ₹1,130
Next Resistance: ₹1,140+
📈 Indicators
Moving Averages (5, 10, 20, 50, 100, 200): All pointing bullish, price is trading above them.
RSI (14): Around 67, showing strong momentum but close to overbought zone.
MACD & ADX: Both suggest continuation of uptrend.
🎯 Possible Scenarios
Bullish Side: A breakout above ₹1,130 can push towards ₹1,140 – ₹1,150.
Bearish Side: If price rejects at resistance, it may pull back to ₹1,110, and deeper towards ₹1,085.
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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.