Price Action (Daily Chart)
Current price is around ₹3,117 - ₹3,120
Price is consolidating near support zones after a recent upward move.
Candle structure shows buying interest at lower levels, but resistance is capping the upside.
📊 Indicators
Moving Averages (MA):
Short-term MAs (5-day, 10-day) are slightly mixed.
Medium to long MAs (20, 50, 100, 200-day) are in buy zone, showing broader uptrend strength.
RSI (14-day): ~62-65 → indicates mild bullish momentum, not yet in overbought zone.
MACD: Shows positive crossover, momentum favors bulls but losing some strength.
⚖️ Key Levels
Immediate Resistance: ₹3,135 – ₹3,140
Next Resistance: ₹3,170 – ₹3,200
Immediate Support: ₹3,100 – ₹3,110
Strong Support: ₹3,050 – ₹3,000
📈 Outlook
Short-term sentiment: Neutral to slightly bullish as long as price holds above ₹3,100.
A breakout above ₹3,140 may open room toward ₹3,170–₹3,200.
A breakdown below ₹3,100 may drag price to ₹3,050–₹3,000.
Overall trend on daily timeframe is still uptrend, but near resistance, so caution is needed.
Current price is around ₹3,117 - ₹3,120
Price is consolidating near support zones after a recent upward move.
Candle structure shows buying interest at lower levels, but resistance is capping the upside.
📊 Indicators
Moving Averages (MA):
Short-term MAs (5-day, 10-day) are slightly mixed.
Medium to long MAs (20, 50, 100, 200-day) are in buy zone, showing broader uptrend strength.
RSI (14-day): ~62-65 → indicates mild bullish momentum, not yet in overbought zone.
MACD: Shows positive crossover, momentum favors bulls but losing some strength.
⚖️ Key Levels
Immediate Resistance: ₹3,135 – ₹3,140
Next Resistance: ₹3,170 – ₹3,200
Immediate Support: ₹3,100 – ₹3,110
Strong Support: ₹3,050 – ₹3,000
📈 Outlook
Short-term sentiment: Neutral to slightly bullish as long as price holds above ₹3,100.
A breakout above ₹3,140 may open room toward ₹3,170–₹3,200.
A breakdown below ₹3,100 may drag price to ₹3,050–₹3,000.
Overall trend on daily timeframe is still uptrend, but near resistance, so caution is needed.
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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.