Price is approaching a key resistance zone around ₹160.
A clear breakout above ₹160 with strong volume can indicate bullish momentum.
Traders generally watch for follow-through candles and retests after a breakout.
Support remains near the ₹142 zone.
Observing volume confirmation is crucial to differentiate between true breakout and false breakout.
⚠️ Disclaimer: This is for educational purposes only. I am not SEBI registered. Please do your own analysis before making trading or investing decisions.
A clear breakout above ₹160 with strong volume can indicate bullish momentum.
Traders generally watch for follow-through candles and retests after a breakout.
Support remains near the ₹142 zone.
Observing volume confirmation is crucial to differentiate between true breakout and false breakout.
⚠️ Disclaimer: This is for educational purposes only. I am not SEBI registered. Please do your own analysis before making trading or investing decisions.
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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.