SRM Contractors Ltd. (NSE), (W)- volume build-up

105
Chart Structure
Price has been consolidating after a strong uptrend.
Trading near ₹497 zone, which is a pivot level (yellow line).
Looks like accumulation before next move.

Key Levels
Supports:
₹450.20 (immediate support)
₹424.95 (secondary support)
₹300.50 (major long-term base)

Resistance / Targets:
₹544.40
₹591.45
₹638.55
₹685.65

Volume Analysis
Noticeable volume build-up on recent candles.
Suggests accumulation — institutions may be positioning for breakout.

Bias: Bullish — structure indicates strength. If price sustains above ₹497–505, next leg towards ₹544–685 likely.

⚠️ Disclaimer: This chart is for educational purposes only.

Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions

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.