📊 Current Price Snapshot
The stock is trading around ₹115–₹122 range recently.
📈 Key Levels for 1-Week Time Frame
🔵 Resistance Levels (Upside Targets)
1. ~₹121–₹122 — Immediate resistance zone (short-term pivot region).
2. ~₹126–₹127 — Next resistance zone where sellers may appear.
3. ~₹129–₹132 — Higher resistance area, a target if momentum improves.
📌 If price breaks and sustains above ₹122–₹126 with volume, near-term bullish continuation could occur.
🔻 Support Levels (Downside Defense)
1. ~₹113–₹114 — First technical support.
2. ~₹110 — Secondary near-term support.
3. ~₹105–₹106 — Stronger lower support zone if selling accelerates.
📌 A close below ₹110 in daily charts often signals deeper pullbacks.
📌 What Traders Are Watching
Some technical analysts have noted support around ₹120–₹123 with stop-loss/entry zones for short-term trades (e.g., stop-loss near ₹114–₹115).
⚠️ Risk Notes
Short-term technical signals (like moving averages) currently show weak to selling bias on intraday/daily charts.
Broader market conditions and sector movement can heavily influence price direction.
The stock is trading around ₹115–₹122 range recently.
📈 Key Levels for 1-Week Time Frame
🔵 Resistance Levels (Upside Targets)
1. ~₹121–₹122 — Immediate resistance zone (short-term pivot region).
2. ~₹126–₹127 — Next resistance zone where sellers may appear.
3. ~₹129–₹132 — Higher resistance area, a target if momentum improves.
📌 If price breaks and sustains above ₹122–₹126 with volume, near-term bullish continuation could occur.
🔻 Support Levels (Downside Defense)
1. ~₹113–₹114 — First technical support.
2. ~₹110 — Secondary near-term support.
3. ~₹105–₹106 — Stronger lower support zone if selling accelerates.
📌 A close below ₹110 in daily charts often signals deeper pullbacks.
📌 What Traders Are Watching
Some technical analysts have noted support around ₹120–₹123 with stop-loss/entry zones for short-term trades (e.g., stop-loss near ₹114–₹115).
⚠️ Risk Notes
Short-term technical signals (like moving averages) currently show weak to selling bias on intraday/daily charts.
Broader market conditions and sector movement can heavily influence price direction.
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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.