ANGELONE 1D Time frameCurrent Price & Trend
Current Level: ₹2,222
Trend: Neutral to weak → stock is under pressure, trading below many key moving averages.
Momentum: Lacks strong buying interest; near lower-mid range of recent price action.
Indicators
RSI: Around 40–45 → closer to oversold but still in neutral zone.
MACD: Bearish crossover → signals continued weakness.
Moving Averages: Price is below 20- & 50-day averages → selling pressure still present.
✅ Bullish Scenario
If price sustains above 2,250, it can move toward 2,350 – 2,400.
Breakout above 2,400 would indicate a stronger reversal.
