📌 Current Approx Price: ~₹155–₹158 range today.
📈 Weekly Pivot / Support & Resistance (Important Levels)
These levels are based on widely used weekly pivot calculations (classic & Fibonacci) which help identify where price may find support or resistance over the next week:
🔹 Weekly Pivot Core Levels
Weekly Pivot (central): ~₹125.3
Weekly Support 1 (S1): ~₹125.3
Weekly Support 2 (S2): ~₹112.0–₹115.2
Weekly Support 3 (S3): ~₹90.6–₹103.8
Weekly Resistance 1 (R1): ~₹146.3–₹149.9
Weekly Resistance 2 (R2): ~₹159.9–₹161.8
Weekly Resistance 3 (R3): ~₹180.9+
👉 How to read these:
• If price stays above pivot (~₹125), sentiment is bullish for the week.
• A break above R1 (~₹146–₹150) suggests continuation toward R2 (~₹160) and possibly R3 (~₹181).
• On the downside, a slide below pivot ~₹125 can pull price toward supports ~₹112–₹103.
🧠 Key Weekly Price Zones to Watch
📊 Resistance Zones (Upside)
~₹146–₹150:
First major resistance — closing above this confirms short-term strength.
~₹159–₹162:
Next target if above R1, this is a key breakout zone for bullish continuation.
~₹180+:
Longer-term resistance area (less likely in just 1 week but watch if momentum accelerates).
🔻 Support Zones (Downside)
~₹125:
Short-term pivot support — important to hold for bullish weekly bias.
~₹112–₹115:
Broader mid-range support if price drops below pivot.
~₹90–₹103:
Strong lower support zone — unlikely in immediate 1-week unless heavy selling.
🧾 Summary – Weekly Outlook
Bullish Scenario:
✔ Holds above ₹146–₹150 → Press toward ₹159–₹162 and higher.
Neutral / Consolidation:
↔ Price oscillates ₹125–₹150 → Range trading with pivot pivot as reference.
Bearish Scenario:
✘ Break below ₹125 (weekly pivot) → Potential move toward ₹112–₹103.
📈 Weekly Pivot / Support & Resistance (Important Levels)
These levels are based on widely used weekly pivot calculations (classic & Fibonacci) which help identify where price may find support or resistance over the next week:
🔹 Weekly Pivot Core Levels
Weekly Pivot (central): ~₹125.3
Weekly Support 1 (S1): ~₹125.3
Weekly Support 2 (S2): ~₹112.0–₹115.2
Weekly Support 3 (S3): ~₹90.6–₹103.8
Weekly Resistance 1 (R1): ~₹146.3–₹149.9
Weekly Resistance 2 (R2): ~₹159.9–₹161.8
Weekly Resistance 3 (R3): ~₹180.9+
👉 How to read these:
• If price stays above pivot (~₹125), sentiment is bullish for the week.
• A break above R1 (~₹146–₹150) suggests continuation toward R2 (~₹160) and possibly R3 (~₹181).
• On the downside, a slide below pivot ~₹125 can pull price toward supports ~₹112–₹103.
🧠 Key Weekly Price Zones to Watch
📊 Resistance Zones (Upside)
~₹146–₹150:
First major resistance — closing above this confirms short-term strength.
~₹159–₹162:
Next target if above R1, this is a key breakout zone for bullish continuation.
~₹180+:
Longer-term resistance area (less likely in just 1 week but watch if momentum accelerates).
🔻 Support Zones (Downside)
~₹125:
Short-term pivot support — important to hold for bullish weekly bias.
~₹112–₹115:
Broader mid-range support if price drops below pivot.
~₹90–₹103:
Strong lower support zone — unlikely in immediate 1-week unless heavy selling.
🧾 Summary – Weekly Outlook
Bullish Scenario:
✔ Holds above ₹146–₹150 → Press toward ₹159–₹162 and higher.
Neutral / Consolidation:
↔ Price oscillates ₹125–₹150 → Range trading with pivot pivot as reference.
Bearish Scenario:
✘ Break below ₹125 (weekly pivot) → Potential move toward ₹112–₹103.
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
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.
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
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.
