🔍 **Current Price:** ₹7,328
📊 **Trend:** Downtrend with signs of potential support.
📌 **Key Technical Levels:**
✅ **Support Zone:** ₹7,200 – ₹7,188 (Holding strong)
✅ **Resistance Levels:** ₹8,569 (Fibonacci 23.6%), ₹9,394 (38.2%), ₹10,061 (50%)
✅ **Golden Zone:** ₹10,728 – ₹11,678 (61.8% - 78.6% Fib retracement)
📉 **Technical Indicators:**
✔ **Fibonacci Retracement Analysis** suggests a **pullback rally is possible** if the stock sustains above support.
✔ **200-Day Moving Average** is acting as resistance; breakout needed for trend reversal.
✔ **Risk-Reward Setup** indicates a bounce towards ₹10,000+ if momentum builds.
⚡ **Trade Plan:**
🎯 **Bullish Case:** Reversal confirmation above ₹7,400 could lead to ₹8,500-₹9,000 short term.
⚠ **Bearish Case:** Breakdown below ₹7,188 may push towards ₹6,558.
📢 **Traders Alert:** Keep an eye on volume and price action in the coming sessions! 🔥
📊 **Trend:** Downtrend with signs of potential support.
📌 **Key Technical Levels:**
✅ **Support Zone:** ₹7,200 – ₹7,188 (Holding strong)
✅ **Resistance Levels:** ₹8,569 (Fibonacci 23.6%), ₹9,394 (38.2%), ₹10,061 (50%)
✅ **Golden Zone:** ₹10,728 – ₹11,678 (61.8% - 78.6% Fib retracement)
📉 **Technical Indicators:**
✔ **Fibonacci Retracement Analysis** suggests a **pullback rally is possible** if the stock sustains above support.
✔ **200-Day Moving Average** is acting as resistance; breakout needed for trend reversal.
✔ **Risk-Reward Setup** indicates a bounce towards ₹10,000+ if momentum builds.
⚡ **Trade Plan:**
🎯 **Bullish Case:** Reversal confirmation above ₹7,400 could lead to ₹8,500-₹9,000 short term.
⚠ **Bearish Case:** Breakdown below ₹7,188 may push towards ₹6,558.
📢 **Traders Alert:** Keep an eye on volume and price action in the coming sessions! 🔥
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.