📊 Key Technical Levels
Current price: ~ ₹22.70 (approx) per share.
52-week range: Low ~ ₹16.02, High ~ ₹24.30.
Recent support zone: around ₹22.00–₹22.50 appears to be a floor (given recent trades near ₹22.70)
Immediate resistance: near the recent highs ~ ₹24.00-₹24.30
If the price falls, next support might be around ₹20.50–₹21.00, given the lower circuit band was ~ ₹20.36.
✅ Short-term trading scenario
Bullish scenario: Enter (or hold) around ₹22.70 if momentum is positive and target ~₹25 with a stop-loss around ₹21.50.
Bearish scenario: If it breaks down below ~₹22.00 decisively, look for stop-loss trigger and potential target ~₹20.50 or lower.
Risk management is key: Because the price is relatively low and volatility can be higher, ensure stop-loss and position sizing are in line with your risk tolerance.
Current price: ~ ₹22.70 (approx) per share.
52-week range: Low ~ ₹16.02, High ~ ₹24.30.
Recent support zone: around ₹22.00–₹22.50 appears to be a floor (given recent trades near ₹22.70)
Immediate resistance: near the recent highs ~ ₹24.00-₹24.30
If the price falls, next support might be around ₹20.50–₹21.00, given the lower circuit band was ~ ₹20.36.
✅ Short-term trading scenario
Bullish scenario: Enter (or hold) around ₹22.70 if momentum is positive and target ~₹25 with a stop-loss around ₹21.50.
Bearish scenario: If it breaks down below ~₹22.00 decisively, look for stop-loss trigger and potential target ~₹20.50 or lower.
Risk management is key: Because the price is relatively low and volatility can be higher, ensure stop-loss and position sizing are in line with your risk tolerance.
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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.