ELECON 1 Day Time Frame 📊 Live/Recent Price (India Market)
Approx. share price: ~₹479–₹515 range today (prices vary across live sources/delays).
Previous close was around ₹497–₹499.
Intraday price range seen: ~₹480 (low) to ₹517 (high).
📈 Key One‑Day Pivot & Levels
(Useful for short‑term trading/entry‑exit zones)
Pivot Points (daily):
Pivot (central) ~ ₹485–₹494 — reference mid‑point for today’s trend.
Resistance Levels:
R1: ~ ₹495–₹500 — first hurdle above current price.
R2: ~ ₹509–₹510 — next resistance / potential target on upside.
R3: ~ ₹518–₹524 — stronger upside barrier.
Support Levels:
S1: ~ ₹476–₹477 — nearest intraday support.
S2: ~ ₹470–₹471 — next downside buffer.
S3: ~ ₹461–₹462 — deeper support zone.
Pivot and fib levels are often calculated using previous day’s high‑low‑close prices to forecast intraday turning points.
📌 Summary for Today’s 1‑Day View
Bullish bias
✔ Close above R1 (~₹495) could push price toward R2 (~₹509–₹510) and R3 (~₹518–₹524).
Bearish caution
✘ A break below S1 (~₹476) might expose S2 (~₹470) and then S3 (~₹461) supports.
Chartidea
RELIANCE 1 Week Time Frame 📌 Current Price Snapshot
RELIANCE.NS is trading around ~₹1,507 – ₹1,510 per share on NSE.
📉 Key Weekly Support Levels
These are levels where price may find buying support on pullbacks:
🟩 Support 1: ~₹1,518 – ₹1,520 — near short‑term pivot support zone for the week.
🟩 Support 2: ~₹1,498 – ₹1,500 — next floor if sellers dominate early week.
🟩 Lower Support: ~₹1,479 – ₹1,480 — broader weekly downside reference.
👉 A weekly close above ₹1,518 would suggest short‑term stabilization before potential bounce.
📈 Key Weekly Resistance Levels
Levels where upside may face selling pressure:
🔴 Resistance 1: ~₹1,555 – ₹1,560 — nearest upside hurdle.
🔴 Resistance 2: ~₹1,600 – ₹1,612 — mid‑week challenge zone (~52‑week area).
🔴 Higher Resistance: ~₹1,630 – ₹1,668 — stretch target if bullish momentum picks up.
👉 A weekly close above ~₹1,612–₹1,620 would signal stronger bullish bias and possible follow‑through to higher levels.
📊 Weekly Price Range Estimate
Expected trading corridor for this week:
📉 Downside: ~₹1,498 – ₹1,500
📈 Upside: ~₹1,630 – ₹1,668
This range represents the key support and resistance boundaries traders may watch for breakouts or breakdowns during the week’s sessions.



