📅 Chart Date: June 11, 2025
📍 Current Price: ₹789.45
Price is currently stuck in a critical zone between ₹774 and ₹814, which could dictate the next big move.
📌 Key Levels:
Resistance Zone: ₹774 – ₹814
Support Zone: ₹714
Critical Fib Levels: 0.5 at ₹813.75 (top) and ₹714.35 (bottom)
⚠️ Two Possible Scenarios:
🔼 Bullish Scenario:
If price closes above ₹814, we can expect the uptrend to continue, possibly targeting:
₹883.30
₹905.40 (Major resistance)
🔽 Bearish Scenario:
If price closes below ₹774, expect a downside move with the following targets:
Target 1: ₹721.80
Target 2: ₹651.90
Final fib level at ₹633.65
🪤 Buyer Trap Alert: Recent price action may have trapped aggressive buyers above resistance – watch for confirmation before entering!
🔁 Plan:
Wait for a candle close outside the range (above ₹814 or below ₹774)
Respect key levels and manage risk accordingly
📉 What’s your view? Breakout or breakdown incoming? Drop your thoughts below! 👇
📍 Current Price: ₹789.45
Price is currently stuck in a critical zone between ₹774 and ₹814, which could dictate the next big move.
📌 Key Levels:
Resistance Zone: ₹774 – ₹814
Support Zone: ₹714
Critical Fib Levels: 0.5 at ₹813.75 (top) and ₹714.35 (bottom)
⚠️ Two Possible Scenarios:
🔼 Bullish Scenario:
If price closes above ₹814, we can expect the uptrend to continue, possibly targeting:
₹883.30
₹905.40 (Major resistance)
🔽 Bearish Scenario:
If price closes below ₹774, expect a downside move with the following targets:
Target 1: ₹721.80
Target 2: ₹651.90
Final fib level at ₹633.65
🪤 Buyer Trap Alert: Recent price action may have trapped aggressive buyers above resistance – watch for confirmation before entering!
🔁 Plan:
Wait for a candle close outside the range (above ₹814 or below ₹774)
Respect key levels and manage risk accordingly
📉 What’s your view? Breakout or breakdown incoming? Drop your thoughts below! 👇
Trade chiuso: obiettivo raggiunto
target 1 done
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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.