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Harmonic Patterns

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.
NSE:ELECONLong
by Knowledgehub
CANBK 1 Month Time Frame 📊 Live Price Snapshot Current market price: ~₹155 – ₹156 range on NSE. 🔁 1‑Month Key Support & Resistance Levels (based on recent pivot & price data) 📈 Resistance Levels (Upside) ₹156 – ₹157 — Immediate resistance (Pivot + recent highs). ₹157.4 – ₹158.8 — Next resistance zone near recent 52‑week high. ₹160 + — Further upside beyond range expansion (short‑term breakout level). 👉 As long as price remains above ₹156–₹157, short‑term bias stays positive. 📉 Support Levels (Downside) ₹153 – ₹154 — Near short‑term support / pivot collision zone. ₹151.5 – ₹152 — Key short‑term support from Fibonacci/MA area. ₹149 – ₹150 — Deeper support if stocks correct further. 💡 A break below ₹151 could signal mild pullback pressure; staying above ₹154–₹156 keeps the short‑term uptrend intact. 📊 Moving Averages & Trend Signals (1‑Month Context) Daily & weekly SMAs/EMAs show bullish bias with price above most key moving averages. RSI (~57) in bullish to neutral territory — not overbought, so room for continuation. MACD and other momentum readings support mild bullish momentum. 🗒️ What This Means for Traders ✔️ Bullish bias near current levels as long as above the 1st support zone (~₹153–₹154). ✔️ Watch out for pivot breaks: ‑ Below ₹151 for a short‑term pullback, ‑ Above ₹158 for upside continuation. ✔️ Confirm with volume and intraday momentum before major positional decisions.
NSE:CANBKLong
by Knowledgehub
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.
NSE:RELIANCELong
by Knowledgehub
HDFCBANK 1 Week Time Frame 📌 Current Context (approx live price): HDFC Bank shares are trading around ~₹950–₹970 on NSE recently. 📊 Key Weekly Levels (Short‑Term) Resistance Levels (Upside) R1: ~ ₹1,009 – ₹1,010 — first major resistance this week. R2: ~ ₹1,016 – ₹1,017 — stronger supply zone if the stock pushes higher. R3: ~ ₹1,025 – ₹1,030 — extended resistance early next week if buyers continue. Support Levels (Downside) S1: ~ ₹988 – ₹990 — immediate support zone this week. S2: ~ ₹974 – ₹975 — second support if selling pressure increases. S3: ~ ₹967 – ₹970 — lower band of the expected weekly trading range. Projected Weekly Range: 👉 ~₹967 – ₹1,030 based on weekly pivot calculations and technical outlook. 🔍 How to Use These Levels This Week Bullish scenario: A sustained close above ~₹1,009–₹1,010 on daily closes could push price toward ₹1,016–₹1,030 in the next few sessions. Bearish / stress scenario: A break and close below ~₹974–₹970 could open space toward the ₹950–₹940 area (short‑term demand zones).
NSE:HDFCBANKLong
by Knowledgehub
How to Avoid Breakout Traps in TradingUnderstanding What a Breakout Trap Is A breakout trap occurs when price appears to break an important level such as support, resistance, trendline, or chart pattern boundary, but fails to sustain that move. Instead of continuing in the breakout direction, the market reverses and moves aggressively in the opposite direction. Retail traders often enter late on excitement or fear of missing out, while smart money uses this liquidity to exit or enter opposite positions. Recognizing that markets are driven by liquidity rather than obvious patterns is the first step in avoiding breakout traps. Importance of Market Context One of the most effective ways to avoid breakout traps is to analyze the broader market context. Breakouts behave differently depending on whether the market is trending, ranging, or highly volatile. In a strong trending market, breakouts are more likely to succeed. In contrast, range-bound or choppy markets tend to produce frequent false breakouts. Traders should always ask: Is the market trending or consolidating? Entering breakout trades in tight ranges without strong momentum significantly increases the probability of getting trapped. Volume as a Confirmation Tool Volume is a critical factor in validating breakouts. A genuine breakout is usually supported by a noticeable increase in volume, reflecting strong participation and conviction. False breakouts often occur on low or average volume, indicating a lack of commitment. If price breaks a level but volume remains weak or declines, it is a warning sign that the move may fail. Traders should avoid entering breakouts that lack volume confirmation and instead wait for clear signs of market participation. Waiting for Candle Close Confirmation Many breakout traps happen because traders enter positions the moment price crosses a level. Professional traders often wait for a candle close beyond the breakout level on the chosen timeframe. A close confirms that the market accepted the new price area rather than rejecting it. For example, if resistance is broken intraday but the candle closes below it, the breakout has failed. Patience in waiting for confirmation significantly reduces false entries. Role of Retest and Pullback One of the safest ways to trade breakouts is to wait for a retest of the broken level. After a true breakout, price often pulls back to test the former resistance (now support) or former support (now resistance). If the level holds and price shows rejection signals such as strong bullish or bearish candles, the probability of a successful trade increases. Breakout traps often fail during retests, making this approach a powerful filter against false signals. Avoiding News and High-Volatility Periods Major economic news, earnings announcements, and central bank decisions often create sharp price spikes that look like breakouts but quickly reverse. These moves are driven by short-term volatility rather than sustainable trend shifts. Trading breakouts during such periods is risky unless one is experienced with news-based strategies. To avoid traps, traders should be aware of the economic calendar and either reduce position size or stay out of the market during high-impact events. Using Multiple Timeframe Analysis Analyzing multiple timeframes helps traders identify stronger and more reliable breakouts. A breakout that aligns with higher timeframe trends has a greater chance of success. For example, a breakout on a 15-minute chart that goes against the daily trend is more likely to fail. Checking higher timeframes for trend direction, key levels, and market structure can prevent traders from entering low-probability breakout trades. Recognizing Liquidity Zones and Stop Hunts Markets often move toward areas where stop-loss orders are clustered, such as above obvious resistance or below clear support. Smart money may intentionally push price beyond these levels to trigger stops and create liquidity before reversing. Traders should be cautious of breakouts at obvious levels that everyone is watching. Instead of entering immediately, observe price behavior to see whether the breakout is accepted or quickly rejected. Risk Management and Position Sizing Even with the best analysis, some breakout traps are unavoidable. Effective risk management ensures that a single false breakout does not cause significant damage. Using predefined stop-loss levels, limiting risk per trade, and maintaining proper position sizing are essential. Stops should be placed logically, not emotionally, and traders should accept small losses as part of the trading process rather than trying to avoid losses entirely. Emotional Discipline and Patience Breakout traps often exploit trader psychology, particularly fear of missing out and overconfidence. Emotional trading leads to impulsive entries and poor decision-making. Developing discipline, sticking to a trading plan, and accepting that not every breakout needs to be traded are crucial skills. Sometimes the best trade is no trade, especially when conditions are unclear. Continuous Review and Learning Finally, avoiding breakout traps requires continuous learning and self-review. Traders should maintain a journal documenting breakout trades, noting which ones succeeded and which failed. Over time, patterns emerge that highlight common mistakes and areas for improvement. Learning from past traps transforms losses into valuable lessons and strengthens overall trading performance. Conclusion Breakout traps are an inevitable part of trading, but they do not have to be devastating. By understanding market context, using volume and confirmation tools, waiting for retests, applying multi-timeframe analysis, and practicing strong risk management, traders can significantly reduce the impact of false breakouts. Success in breakout trading is not about catching every move, but about filtering out low-quality setups and focusing on high-probability opportunities. With patience, discipline, and experience, traders can turn breakout traps from costly mistakes into powerful learning experiences.
Education
by TechnicalExpress
BTCUSD Price Structure & Key LevelsBTCUSD is showing a clear recovery after an earlier corrective decline. Price found strong buying interest around the 86,000–86,500 zone, where selling pressure weakened and the market began forming higher lows. This behaviour signalled a shift in control from sellers to buyers. The bullish shift was validated once price achieved a Break of Structure above previous resistance. Following this move, BTCUSD continued to build a sequence of higher highs and higher lows, confirming an active bullish trend. The upward movement is supported by impulsive candles, while pullbacks remain shallow, indicating stable momentum rather than distribution. During the rally, multiple Fair Value Gaps were left behind, created by strong directional movement. Key demand areas are visible around 91,200–90,800 and further below near 89,200–88,800. These zones may attract buyers again if price retraces, as they represent areas of price imbalance. On the upside, price is reacting near the 94,200–94,400 resistance band, which aligns with prior highs and short-term liquidity. A sustained hold above this zone may allow continuation toward the 96,000 region, while rejection here could lead to a healthy pullback into previous demand without changing the overall trend. In summary, the market structure remains bullish as long as price holds above the most recent higher low, with attention on reactions at highlighted support and resistance levels. Disclaimer: This analysis is for educational purposes only. It is not financial advice. Trading involves risk and uncertainty.
OANDA:BTCUSDShort
by SwingTrade_Concept
XAUUSD Structure, Zones & Price BehaviourGold is transitioning from a corrective bearish phase into a developing bullish recovery. Earlier price action shows a clear bearish trendline, formed after rejection from the 4550 major resistance, which triggered strong selling pressure. This decline remained controlled and eventually slowed near the 4260–4290 demand zone, where buyers stepped in with strength. The reaction from this demand zone marked a key shift in sentiment. Price began forming higher lows, followed by a decisive Break of Structure above the prior internal resistance around 4380–4400. This BOS confirms that bearish momentum has weakened and buyers are now gaining short-term control. During the impulsive recovery, a visible Fair Value Gap was created near 4330–4360, highlighting an imbalance caused by aggressive buying. This area may act as a potential buy-on-dip zone if price revisits it, provided overall structure remains intact. Another layer of support sits near 4400, which now acts as a flip level after previous resistance. On the upside, price is currently consolidating below 4470–4485, where minor profit-taking is visible. A clean hold above this region opens the path toward the 4550 resistance, which remains the most important supply level on the chart. A rejection from that zone could lead to consolidation, while acceptance above it would signal broader bullish continuation. Overall structure is shifting bullish, supported by demand reaction, BOS confirmation, and healthy pullbacks. Disclaimer: This analysis is for educational purposes only. It is not financial advice. Trading involves risk and uncertainty.
OANDA:XAUUSDLong
by SwingTrade_Concept
$SUI PRICE FORECAST | IS $20 POSSIBLE? CRYPTOCAP:SUI PRICE FORECAST | IS $20 POSSIBLE? | ANALYSIS BY CRYPTOPATEL CRYPTOCAP:SUI Is Showing A Clear High-Timeframe Smart Money Re-Accumulation Structure On The Weekly Chart After A Deep Correction From 2024 Highs. Market Structure Overview After A ~76% Drawdown, Price Swept Liquidity At The Lows And Printed A Strong Reversal, Signaling Demand Absorption And Institutional Interest. Technical Confluence Weekly Bullish Order Block: $1.50 – $1.30 OB Aligned With Fair Value Gap (Strong Demand Zone) ~45% Impulse Move Already Delivered From This Area Price Structure Respects A Rising Channel HTF Bias Turning Bullish 👉 Best Entry Zone ($1.50 – $1.30) Was Shared Earlier, Cleanly Filled, And Has Already Given ~45% Profit On A Short-Term Swing. Targets (HTF Expansion) TP1: $4.8 (Previous Weekly Resistance) TP2: $18 – $20 (HTF Expansion + Psychological Zone) ⚠️ Invalidation Weekly Close Below $1.20 Breaks The Bullish Structure Final Thoughts This Is A Patience-Based Weekly Setup, Not A Short-Term Trade. As Long As Price Holds Above The Bullish OB, Upside Expansion Remains The Higher Probability Scenario. Disclaimer: TA Only. Not Financial Advice. Markets Are Probabilistic. Always Do Your Own Research.
Long
by CryptoPatel
BTC Dominance (BTC.D) – Macro Structure BreakdownBTC Dominance Is Respecting A Multi-Year Symmetrical Triangle Structure That Has Been In Play Since 2017. Price Recently Tagged The Upper Resistance / Altcoins Accumulation Zone Around 64–66%, Where Strong Supply Entered The Market. 🔴 Technical Confluence: Price Tapped A Bearish Order Block Near 65–66% Resistance Retest Completed → Failure To Reclaim Market Structure Turning Bearish Below 64% Fair Value Gap (FVG) Formed At Resistance Acting As Supply Momentum Weakness With Acceptance Below Prior Support Downside Projection: If This Breakdown Confirms, BTC.D Could Expand Lower Toward The Macro Support Trendline / Altcoins Take-Profit Zone Around 38–40%, Representing A Potential −25% To −36% Move Into Late 2026–2027. Market Implication: Bitcoin Dominance Decreasing = Big Altseason Rally Loading Capital Rotation From BTC Into Altcoins Historically Aligns With This Phase. Key Level To Watch: Sustained Acceptance Below 58% Confirms Bearish Continuation. ❌ Invalidation: Strong Reclaim And Acceptance Above 64–66% Resistance. Bias: Bearish BTC Dominance → Bullish Altcoins
CRYPTOCAP:BTC.DShort
by CryptoPatel
$LINK Price Outlook | Is $100+ On The Table? | CryptoPatelBIST:LINK Price Outlook | Is $100+ On The Table? | CryptoPatel BIST:LINK Is Showing Strong Signs Of A Macro Bullish Reversal After Holding A Multi-Year Support Zone On The 2W Timeframe. The Current Structure Suggests A High-Timeframe Trend Shift That’s Been Building Since The 2021 Top. Technical Breakdown (HTF): ✅ Breakout And Retest Confirmed ✅ Strong Accumulation Zone: $9 – $12 ✅ Holding Above The 0.618 Fibonacci Level ($9.88) ✅ Higher Lows Forming → Macro Trend Turning Bullish ✅ Major Resistance Zone: $25 – $31 (Expansion Trigger) Upside Targets (CryptoPatel): $31/$52/$90 – $100 (~780% Potential Cycle Move) Bullish Thesis: As Long As BIST:LINK Holds Above $7, The Macro Bullish Structure Remains Valid. This Is A Patience-Based, High-Timeframe Setup With A Strong Risk-To-Reward Profile For Spot Positions. Invalidation: ❌ Weekly Close Below $7 Disclaimer: Technical Analysis Only. Not Financial Advice. Markets Are Probabilistic—Always Do Your Own Research.
Long
by CryptoPatel
NIFTY- Intraday Levels - 7th Jan 2026* Major levels only consider buffer in levels* If NIFTY sustain above 26197 above this bullish then around 26257 above this more bullish then 26312/28 then 26373/82 then around 26431 above this wait more levels marked on chart If NIFTY sustain below 26156/42 then below this bearish then 26123/110/26099 below this more bearish then around 26063 last hope below this wait more levels marked on chart My view :- "My viewpoint, offered purely for analytical consideration, The trading thesis is: Nifty (bullish tactical approach: buy on dip) On bullish side around 26197 is make or break level as closing is below this level indicates some bearish movement in opening or for first half, also around 26257 seems to be an next important level, On bearish side we have lot of support level, however if it managed to close below (around 26063) will indicate bearishness. This analysis is highly speculative and is not guaranteed to be accurate; therefore, the implementation of stringent risk controls is non-negotiable for mitigating trade risk." Always Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:NIFTY
by PrashantTaralkar
3
XAUUSD (Gold) TECHNICAL OUTLOOK | 6th Jan'2026Gold is trading near 4,450, consolidating after a strong bullish rally. Price remains well above key moving averages, keeping the overall trend firmly bullish across intraday to higher timeframes. Bullish View: As long as gold holds above 4,445–4,450, upside momentum remains intact. A move above 4,470 can push prices toward 4,490 and 4,505–4,515, with 4,550 as a major resistance zone. Bearish View: A break below 4,445 may trigger a short-term pullback toward 4,430 and 4,410–4,395. Unless these levels break decisively, dips are likely corrective. Intraday Focus: Prefer buy-on-dips near support, while watching 4,500–4,515 for possible rejection. Conclusion: Trend remains strongly bullish. Expect volatility, but bias favors buyers unless key supports fail.
OANDA:XAUUSD
by tradewith_ritik
Introduction to Option TradingUnderstanding the Foundation: What Makes Options Special? Before diving into the benefits, it’s important to understand why options are structurally different from other trading instruments. An option gives the buyer the right, but not the obligation, to buy or sell an asset at a specific price before a specific time. Call Option: Right to buy Put Option: Right to sell This right without obligation is the core feature that creates asymmetric returns. When you buy an option: Your maximum loss is capped at the premium paid. Your profit can be extremely large, depending on the underlying move. This asymmetric nature—limited downside, unlimited upside (for calls)—makes options fundamentally attractive.
NSE:NIFTYEducation
by SkyTradingZone
JIOFIN 1 Day Time Frame 📌 Current Price (Approx): ~₹297.7–₹300.5 range this morning on NSE (latest intraday data) 📊 🔹 Daily Technical Levels (1‑Day Timeframe) Pivot & Range (Today) Pivot Point: ~₹300 Day Low / High Today: ~₹296.7 – ₹302.3 Resistance Levels 1️⃣ R1: ~₹305 2️⃣ R2: ~₹308 3️⃣ R3: ~₹312 Support Levels 1️⃣ S1: ~₹297 2️⃣ S2: ~₹293 3️⃣ S3: ~₹290 📈 How to Use These Levels Today ✔ Bullish scenario: A sustained break above ₹305‑₹308 with volume can push price higher to ₹312+. ✔ Bearish scenario: A breakdown below ₹297 could expose ₹293 and further ₹290 supports. ✔ Key pivot to watch: ₹300 — above keeps short‑term neutral/bullish; below may skew bears. 🕒 Intraday Context Price is trading mixed around ₹298–₹302, indicating a neutral bias today unless levels are decisively broken.
NSE:JIOFINLong
by Knowledgehub
INOXWIND 1 Week Time Frame 📊 Weekly Support & Resistance Levels (derived from weekly pivot point calculations) Weekly Pivot Point Levels: Pivot (Mid‑point): ~₹124.44 — major equilibrium level for the week. Weekly Resistance Levels: R1: ~₹130.60 R2: ~₹136.59 R3: ~₹142.75 (above these, next targets if momentum turns bullish) Weekly Support Levels: S1: ~₹118.45 S2: ~₹112.29 S3: ~₹106.30 (break below these may open deeper bearish moves) Key Near‑Term Chart Levels (confirmation from intraday/shorter term): Near resistance zones around ~₹130‑₹132 area. Near support around ~₹124‑₹120 on lower timeframes. 🧠 How to Use These Levels 1. Bullish scenario: Sustaining above the weekly pivot and breaking above R1 (~₹130.6) with volume may signal a move toward R2 (~₹136.6). 2. Bearish scenario: Closing below S1 (~₹118.5) could lead toward S2 (~₹112.3) on the weekly timeframe.
NSE:INOXWINDLong
by Knowledgehub
RECLTD 1 Day Time Frame 📌 Latest Price (daily close / recent session): ~ ₹380–₹381 on NSE (previous close ~₹367.70; intra‑day ranged ~₹369.5–₹384). 📊 Daily Time‑Frame Key Levels 🎯 Pivot Levels (from recent pivot data) Daily Pivot (PP): ~ ₹378.0–₹382.1 🚀 Resistance Levels 1. R1: ~ ₹383–₹386 — 1st resistance zone facing immediate sellers. 2. R2: ~ ₹392–₹393 — next resistance above near recent highs. 3. R3: ~ ₹401–₹402+ — strong resistance region above recent consolidation. 🛡 Support Levels 1. S1: ~ ₹372–₹374 — first key support near intraday consolidation. 2. S2: ~ ₹363–₹365 — secondary support zone from pivots/EMA/SMA clusters. 3. S3: ~ ₹332–₹338 — major lower support (52‑week lows zone). 📌 Interpretation (Daily Time Frame) Above pivot ~₹380 → short‑term bullish bias; buyers prefer R1→R2 targets. Below pivot (~₹378) → risk of pullback toward S1/S2. Strong break below ₹365 → deeper correction potential toward ₹350+ region. **Upside break above ₹392–₹395 → momentum can extend toward R3 near ₹400+.
NSE:RECLTDLong
by Knowledgehub
AXISBANK 1 Day Time Frame 📌 Current Price (Approx) • Axis Bank NSE price ~ ₹1,270 – ₹1,285 range (latest available live price on NSE) 📊 Daily Pivot & Standard Levels (1D Time Frame) 🔹 Pivot Point (Daily): ~ ₹1,271 – ₹1,275 📈 Immediate Upward Targets / Resistances: • R1: ~ ₹1,277 – ₹1,280 • R2: ~ ₹1,288 – ₹1,295 • R3: ~ ₹1,300 – ₹1,305 📉 Support Levels: • S1: ~ ₹1,260 – ₹1,265 • S2: ~ ₹1,250 – ₹1,255 • S3: ~ ₹1,240 – ₹1,245 📈 Additional Notes • According to technical analysis sites, the short‑term trend has mixed signals (some oscillators show neutral to buy bias). • RSI/MACD and moving averages (like 5/20/50 DMA) can add confirmation before breakout or breakdown. 🧠 How Traders Use These Levels Today Bullish Scenario: If price holds above pivot (~₹1,271–₹1,275) and breaks R1 (~₹1,277–₹1,280) with volume → watch R2/R3 (~₹1,288–₹1,305) zones for profit‑taking. Bearish Scenario: Sustained close below pivot with low volume → watch S1/S2 (~₹1,260–₹1,255) for intra‑day support tests.
NSE:AXISBANKLong
by Knowledgehub
URBANCO 1 Day Time Frame 📌 Current Price Context (latest available) 1. Last known closing price was ≈ ₹132.70 (recent daily close). 2. Intraday high around ₹135.50 and low around ₹130.84 recently. 📊 Daily Pivot & Levels (Approx, based on latest pivot calculation) (These are calculated from previous day’s high‑low‑close and are used for intraday/daily bias and key levels) 🔁 Daily Pivot Central Pivot (CP) ≈ ₹136.43 📈 Resistance Levels R1 ≈ ₹141.34 R2 ≈ ₹144.41 R3 ≈ ₹149.32 📉 Support Levels S1 ≈ ₹133.36 S2 ≈ ₹128.45 – ₹128.45 S3 ≈ ₹125.38 Summary for Daily Chart Bias Above pivot ~₹136–137 = mildly bullish bias today. Below pivot ~₹136–137 = bearish/more selling pressure. 🟡 Intraday Trading Bias (1D) ✔ Bullish if price sustains above ~₹136–137 (pivot) — look for R1/R2/R3 plays. ✔ Bearish if below pivot — support tests at ~₹133 then ~₹128.
NSE:URBANCOLong
by Knowledgehub