Price Action
CMP: ₹396–400 (Aug 29, 2025)
Stock is consolidating near highs after strong rally.
Trading above 20 / 50 / 200 EMAs → confirms bullish structure.
Resistance: ₹405–410 (breakout zone)
Support: ₹389 → ₹385 → ₹365 (weekly base)
Upside Targets:
🎯 T1 = ₹430
🎯 T2 = ₹475
🎯 T3 = ₹535 (extended swing target)
Invalidation: Close below ₹385 → caution; below ₹365 → setup weakens.
Indicators & Momentum
RSI (14): ~62 → bullish, not extreme yet.
ADX: Strength building → supports continuation.
MFI: Above 70 → strong money inflow, but watch overbought.
MACD: Mixed; short-term pauses possible.
🧭 Trading View Bias
Bias: Bullish above ₹389
Short-Term: ₹405 → ₹430
Medium-Term: ₹475 → ₹535
Caution: Sustained close below ₹385 shifts bias neutral.
Disclaimer: This is a technical analysis for educational purposes only—not financial advice. Always perform your own due diligence before trading.
CMP: ₹396–400 (Aug 29, 2025)
Stock is consolidating near highs after strong rally.
Trading above 20 / 50 / 200 EMAs → confirms bullish structure.
Resistance: ₹405–410 (breakout zone)
Support: ₹389 → ₹385 → ₹365 (weekly base)
Upside Targets:
🎯 T1 = ₹430
🎯 T2 = ₹475
🎯 T3 = ₹535 (extended swing target)
Invalidation: Close below ₹385 → caution; below ₹365 → setup weakens.
Indicators & Momentum
RSI (14): ~62 → bullish, not extreme yet.
ADX: Strength building → supports continuation.
MFI: Above 70 → strong money inflow, but watch overbought.
MACD: Mixed; short-term pauses possible.
🧭 Trading View Bias
Bias: Bullish above ₹389
Short-Term: ₹405 → ₹430
Medium-Term: ₹475 → ₹535
Caution: Sustained close below ₹385 shifts bias neutral.
Disclaimer: This is a technical analysis for educational purposes only—not financial advice. Always perform your own due diligence before trading.
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.
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.
