Setup Overview:
The stock has formed a rounded bottom pattern, indicating accumulation and a potential breakout.
Strong bullish weekly candle with a 10% gain and breakout above resistance box.
RSI showing an upward breakout from oversold zone = bullish momentum building.
Recommendation
Buy Zone: ₹410–₹420 (current market price ₹417.60)
Stoploss: ₹378 (below last higher low and box bottom)
Target 1: ₹480
Target 2: ₹525
Target 3 (swing): ₹600+
⏳ Ideal for swing to medium-term traders (1–8 weeks holding time).
for educational purposes only
The stock has formed a rounded bottom pattern, indicating accumulation and a potential breakout.
Strong bullish weekly candle with a 10% gain and breakout above resistance box.
RSI showing an upward breakout from oversold zone = bullish momentum building.
Recommendation
Buy Zone: ₹410–₹420 (current market price ₹417.60)
Stoploss: ₹378 (below last higher low and box bottom)
Target 1: ₹480
Target 2: ₹525
Target 3 (swing): ₹600+
⏳ Ideal for swing to medium-term traders (1–8 weeks holding time).
for educational purposes only
Trade ativo
current price = 445Aviso 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.
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.