Price Levels:
Current Price: The current price is around INR 1,561.00.
Support Level: The support level appears to be around INR 1,551.50.
Resistance Level: The resistance level is marked at INR 1,703.65.
Key Observations:
The stock has tested the support level around INR 1,551.50 multiple times, indicating it is a significant support zone.
Breaking below this support could lead to further downside, while holding above it could mean a potential reversal or consolidation.
The resistance level around INR 1,703.65 was tested but not broken, showing strong resistance at that level.
good for swing on this price only 1 % risk and target approx. 9%
Current Price: The current price is around INR 1,561.00.
Support Level: The support level appears to be around INR 1,551.50.
Resistance Level: The resistance level is marked at INR 1,703.65.
Key Observations:
The stock has tested the support level around INR 1,551.50 multiple times, indicating it is a significant support zone.
Breaking below this support could lead to further downside, while holding above it could mean a potential reversal or consolidation.
The resistance level around INR 1,703.65 was tested but not broken, showing strong resistance at that level.
good for swing on this price only 1 % risk and target approx. 9%