📊 Daily Technical Levels:
Pivot Point (CPR): ₹111.39
Support Levels:
S1: ₹109.43
S2: ₹107.44
S3: ₹105.48
Resistance Levels:
R1: ₹113.38
R2: ₹115.34
R3: ₹117.33
These levels are based on standard pivot point calculations and are useful for identifying potential reversal points.
📈 Market Sentiment:
The stock's recent performance has been influenced by factors such as a 14% year-on-year decline in revenue and a 16% quarter-on-quarter drop, primarily due to reduced advertising revenue.
Reuters
⚠️ Conclusion:
The current technical indicators and market sentiment suggest a cautious approach. Traders should monitor the support and resistance levels closely and consider the broader market conditions before making investment decisions.
Pivot Point (CPR): ₹111.39
Support Levels:
S1: ₹109.43
S2: ₹107.44
S3: ₹105.48
Resistance Levels:
R1: ₹113.38
R2: ₹115.34
R3: ₹117.33
These levels are based on standard pivot point calculations and are useful for identifying potential reversal points.
📈 Market Sentiment:
The stock's recent performance has been influenced by factors such as a 14% year-on-year decline in revenue and a 16% quarter-on-quarter drop, primarily due to reduced advertising revenue.
Reuters
⚠️ Conclusion:
The current technical indicators and market sentiment suggest a cautious approach. Traders should monitor the support and resistance levels closely and consider the broader market conditions before making investment decisions.
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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.