Support: ~ ₹20.00–₹20.50 (you might get safer entries here if stock dips)
Value Broking
Resistance: ~ ₹21.50–₹22.50; if it breaks above convincingly, next resistance could be slightly higher.
There is a strong daily upmove with volume ..Indicators like RSI, MACD are already showing bullish bias (but some show approaching overbought conditions).
My View — Should You Buy?
Yes — I lean toward yes, but with caution. If I were you, I’d consider buying some part now, holding with a stop-loss or watching these risk signals. It feels like the risk/reward is tilted in favor now more than it was some months ago.
Value Broking
Resistance: ~ ₹21.50–₹22.50; if it breaks above convincingly, next resistance could be slightly higher.
There is a strong daily upmove with volume ..Indicators like RSI, MACD are already showing bullish bias (but some show approaching overbought conditions).
My View — Should You Buy?
Yes — I lean toward yes, but with caution. If I were you, I’d consider buying some part now, holding with a stop-loss or watching these risk signals. It feels like the risk/reward is tilted in favor now more than it was some months ago.
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.
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.