✅ The stock has been trading within a well-defined rising channel, with the price currently nearing the upper trendline around ₹1,120. This suggests potential for a breakout if bullish momentum continues.
✅ The RSI is trending upwards and is around 68, indicating growing bullish momentum. The stock has shown strong resilience within the channel, respecting both the upper and lower boundaries.
✅ If the stock breaks above the upper trendline, it could aim for higher levels, potentially targeting ₹1,200. However, if it faces resistance, a pullback towards the lower trendline around ₹1,050 could occur.
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Keep holding
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.