🟢 Today’s Action:
Closed at ₹146.25, up +8.33%, showing strong bullish momentum.
Broke out from key resistance at ₹133.18 on strong volume – a clear breakout confirmation.
📈 Technical Highlights:
Resistance at ₹164.17 is the next visible upside target.
Strong support now at ₹133.18, which was previously a resistance zone.
Volume + price breakout after consolidation confirms bullish sentiment.
✅ Positional Trade Setup
Parameter Level
🎯 Entry ₹144–₹146
📌 Stop Loss ₹132 (close below breakout zone)
🎯 Target 1 ₹164
🎯 Target 2 ₹180+ (on closing above ₹164)
⏳ Timeframe 2–5 weeks
🧠 Confluence / Technical Reasoning:
Breakout from sideways consolidation with higher highs and higher lows forming.
Momentum indicators (not visible in chart but assumed) likely in bullish crossover.
Fresh volume activity + recent swing breakout = high conviction setup.
Closed at ₹146.25, up +8.33%, showing strong bullish momentum.
Broke out from key resistance at ₹133.18 on strong volume – a clear breakout confirmation.
📈 Technical Highlights:
Resistance at ₹164.17 is the next visible upside target.
Strong support now at ₹133.18, which was previously a resistance zone.
Volume + price breakout after consolidation confirms bullish sentiment.
✅ Positional Trade Setup
Parameter Level
🎯 Entry ₹144–₹146
📌 Stop Loss ₹132 (close below breakout zone)
🎯 Target 1 ₹164
🎯 Target 2 ₹180+ (on closing above ₹164)
⏳ Timeframe 2–5 weeks
🧠 Confluence / Technical Reasoning:
Breakout from sideways consolidation with higher highs and higher lows forming.
Momentum indicators (not visible in chart but assumed) likely in bullish crossover.
Fresh volume activity + recent swing breakout = high conviction setup.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.