🔍 Current Price
Trading around ₹1,720 – ₹1,740
📊 Technical Indicators
Trend: Bearish — price trading below short and medium-term moving averages.
RSI (14): Around 26–27, showing oversold zone.
MACD: Negative, indicating bearish momentum.
ADX: Strong, meaning the downtrend has solid strength.
⚙️ Key Levels
Immediate Resistance 1: ₹1,780
Resistance 2: ₹1,820 – ₹1,840
Immediate Support 1: ₹1,700
Support 2: ₹1,650
Deeper Support: ₹1,620
🧮 Base Strategy
Long Setup:
Entry: Near ₹1,700 if reversal signals appear
Stop Loss: Below ₹1,650
Targets: ₹1,780 first, then ₹1,820+
Short Setup (Reversal):
If price fails near ₹1,780 zone
Targets: ₹1,700, then ₹1,650
Breakout Setup:
If price sustains above ₹1,820 – ₹1,840 with volume
Upside can extend toward higher levels
Trading around ₹1,720 – ₹1,740
📊 Technical Indicators
Trend: Bearish — price trading below short and medium-term moving averages.
RSI (14): Around 26–27, showing oversold zone.
MACD: Negative, indicating bearish momentum.
ADX: Strong, meaning the downtrend has solid strength.
⚙️ Key Levels
Immediate Resistance 1: ₹1,780
Resistance 2: ₹1,820 – ₹1,840
Immediate Support 1: ₹1,700
Support 2: ₹1,650
Deeper Support: ₹1,620
🧮 Base Strategy
Long Setup:
Entry: Near ₹1,700 if reversal signals appear
Stop Loss: Below ₹1,650
Targets: ₹1,780 first, then ₹1,820+
Short Setup (Reversal):
If price fails near ₹1,780 zone
Targets: ₹1,700, then ₹1,650
Breakout Setup:
If price sustains above ₹1,820 – ₹1,840 with volume
Upside can extend toward higher levels
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.