Price currently trading near 5691, consolidating at critical Neutral Zone level of 5694. The recent move from key support (around 5639) shows strong bullish momentum as prices attempt to push higher.
Key Levels:
Long entry at 5639 with potential targets at 5790 (Tgt 1) and 5849 (Tgt 2).
Short entry triggers below 5602 targeting 5598 and then 5539 for extended downside.
Neutral Zone 5694 acts as pivot; a decisive close above signals continuation of upside, while rejection could prompt short setups.
Add longs near 5621 on dips with strict stop-loss around 5587 to manage risk.
Short exit placed at 5654 - ideal for tightening stops on shorts.
Technical Bias: Bullish above Neutral Zone with clear higher highs formation. Watch intraday price action closely around 5694 for confirmation.
Trade with discipline, respect risk management levels, and keep observing price structure for valid entries.
Follow Chart Pathik for more such updates!
Key Levels:
Long entry at 5639 with potential targets at 5790 (Tgt 1) and 5849 (Tgt 2).
Short entry triggers below 5602 targeting 5598 and then 5539 for extended downside.
Neutral Zone 5694 acts as pivot; a decisive close above signals continuation of upside, while rejection could prompt short setups.
Add longs near 5621 on dips with strict stop-loss around 5587 to manage risk.
Short exit placed at 5654 - ideal for tightening stops on shorts.
Technical Bias: Bullish above Neutral Zone with clear higher highs formation. Watch intraday price action closely around 5694 for confirmation.
Trade with discipline, respect risk management levels, and keep observing price structure for valid entries.
Follow Chart Pathik for more such updates!
Technical Chart Analyst
Track: Indian & US Markets
Indices | Commodities | Crypto
Telegram: @ChartPathik for NSE & MCX
& @ChartPathik_Global for US Ins. & Crypto
WhatsApp: +91-99293-91467 for updates.
Track: Indian & US Markets
Indices | Commodities | Crypto
Telegram: @ChartPathik for NSE & MCX
& @ChartPathik_Global for US Ins. & Crypto
WhatsApp: +91-99293-91467 for updates.
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.
Technical Chart Analyst
Track: Indian & US Markets
Indices | Commodities | Crypto
Telegram: @ChartPathik for NSE & MCX
& @ChartPathik_Global for US Ins. & Crypto
WhatsApp: +91-99293-91467 for updates.
Track: Indian & US Markets
Indices | Commodities | Crypto
Telegram: @ChartPathik for NSE & MCX
& @ChartPathik_Global for US Ins. & Crypto
WhatsApp: +91-99293-91467 for updates.
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.