Key Support Levels
S1: ₹12,450–12,500
S2: ₹12,300–12,350
S3: ₹12,100–12,150 (strong demand zone)
Key Resistance Levels
R1: ₹12,780–12,820
R2: ₹12,950–13,000
R3: ₹13,100–13,250 (major breakout zone)
Trading Plan
Bullish Scenario
Buy only after a strong daily close above ₹12,800 with good volume.
Targets:
🎯 T1: ₹12,950
🎯 T2: ₹13,100
🎯 T3: ₹13,300
Bearish Scenario
If price breaks below ₹12,450, expect profit booking toward:
₹12,300
₹12,150
₹12,000
Swing Trading View
Bias: Bullish above ₹12,450
Stop Loss: Below ₹12,300 (for swing traders)
Watch for volume expansion on a breakout above ₹12,800. A weak breakout without volume has a higher chance of failing.
S1: ₹12,450–12,500
S2: ₹12,300–12,350
S3: ₹12,100–12,150 (strong demand zone)
Key Resistance Levels
R1: ₹12,780–12,820
R2: ₹12,950–13,000
R3: ₹13,100–13,250 (major breakout zone)
Trading Plan
Bullish Scenario
Buy only after a strong daily close above ₹12,800 with good volume.
Targets:
🎯 T1: ₹12,950
🎯 T2: ₹13,100
🎯 T3: ₹13,300
Bearish Scenario
If price breaks below ₹12,450, expect profit booking toward:
₹12,300
₹12,150
₹12,000
Swing Trading View
Bias: Bullish above ₹12,450
Stop Loss: Below ₹12,300 (for swing traders)
Watch for volume expansion on a breakout above ₹12,800. A weak breakout without volume has a higher chance of failing.
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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.
