🧩 Chart Pattern:
Price is consolidating within a descending triangle and forming a strong base near ₹190–₹192.
A breakout above ₹202–₹204 could trigger a trend reversal and a potential 10% short-term rally.
📊 Technical View:
Trendline Resistance: ₹202–₹204
Support Zone: ₹190–₹192
RSI: Around 40, showing momentum buildup after consolidation
MACD: Flattening near zero — early signs of possible bullish crossover
Volume: Decreasing during consolidation — breakout volume will confirm direction
This analysis is for educational purposes only.
Not financial advice — do your own research or consult your advisor before trading.
Price is consolidating within a descending triangle and forming a strong base near ₹190–₹192.
A breakout above ₹202–₹204 could trigger a trend reversal and a potential 10% short-term rally.
📊 Technical View:
Trendline Resistance: ₹202–₹204
Support Zone: ₹190–₹192
RSI: Around 40, showing momentum buildup after consolidation
MACD: Flattening near zero — early signs of possible bullish crossover
Volume: Decreasing during consolidation — breakout volume will confirm direction
This analysis is for educational purposes only.
Not financial advice — do your own research or consult your advisor before trading.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.