the price sits at ₹78,189, holding above the key support zone of ₹77,800–₹78,000. Candlesticks are narrowing, indicating reduced volatility and a possible breakout buildup.
If bulls reclaim ₹78,800 with strong volume, we may see a retest of ₹79,500 and possibly ₹80,000.
However, a fall below ₹77,800 will weaken the structure, risking a drop to ₹76,800.
In summary, the market is in a neutral-to-slightly bullish consolidation, and traders should watch for breakout or breakdown signals from the current tight range.
If bulls reclaim ₹78,800 with strong volume, we may see a retest of ₹79,500 and possibly ₹80,000.
However, a fall below ₹77,800 will weaken the structure, risking a drop to ₹76,800.
In summary, the market is in a neutral-to-slightly bullish consolidation, and traders should watch for breakout or breakdown signals from the current tight range.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.