KAYNES 1 Day Time Frame 📉 Current Price & Recent Context
Current (latest) price is around ₹ 4,132 – ₹ 4,141.
On 8 Dec, the stock’s intraday high was ~ ₹ 4,531.15, and intraday low ~ ₹ 4,125.55.
The 52‑week range remains ₹ 3,825.15 (low) to ₹ 7,822.00 (high).
🔎 Key Short‑Term Support & Resistance Zones
Based on intraday price action, pivot–point analysis (as per publicly available technical data) and recent trading range:
Support Zone (near‑term): ~ ₹ 4,120 – ₹ 4,130 (the intraday low touched ~ ₹ 4,125.55)
Lower Support (next): ~ ₹ 3,825 – ₹ 3,900 (near 52‑week low)
Resistance / Pivot Zone: ~ ₹ 4,770 – ₹ 4,950 (near intraday high + recent day’s upper range)
Higher Resistance Zone (if market recovers strongly): ~ ₹ 5,200–₹ 5,400+ (but note: much of this is well above current range — would require strong bullish breakout)
Interpretation (near‑term):
The ₹ 4,120–₹ 4,130 level is a critical short‑term support — a breakdown below this could test the 52‑week‑low zone near ₹ 3,825–₹ 3,900.
On the upside, the first hurdle is near ₹ 4,770–₹ 4,950. Clearing that convincingly could open up a move toward the ₹ 5,200–₹ 5,400 area — but given current bearish pressure, that seems a medium‑term scenario only.
