๐ Current Snapshot
Price: Around โน1,995 (~โน1,990โโน2,000 range)
52-week range: โน1,588โฏโโฏโน2,027 โ just below the recent high
โ Technical Momentum
Overview: Daily technical summary is a "Strong Buy", with moving averages and indicators like RSI (55.3), Stoch, ADX, and CCI all in buy territory
Pivot Level Support: Standard pivots are around โน1,995
RS Rating (ADR): Strong (83) โ above the 80 mark, but extended โ suggesting good trend; watch pullbacks
๐ก๏ธ Key Price Zones
Support / Buy-on-Dip Areas
โน1,995โโน1,998 โ Daily pivot zone
โน1,982โโน1,990 โ Standard S1 support
โน1,960โโน1,970 โ Deeper Fibonacci/S2 pivot zone
โน1,932โโน1,940 โ Strong long-term support (S3โS4 levels)
Resistance / Profit Exit Zones
โน2,007โโน2,015 โ Immediate upside pivot resistance (R1โR2)
โน2,024โโน2,025 โ R2 zone
โน2,030+ โ R3/R4 zone โ breakout territory
๐งญ Action Plan
1. Currently Holding?
Stay invested โ indicators are still bullish.
Think about taking partial profits in the โน2,015โโน2,025 range, especially if the market overall gets choppy.
2. Planning to Buy?
Best entry: around โน1,982โโน1,990 (safe zone).
If broader markets dip more, ideal accumulation range is โน1,960โโน1,970.
Aggressive buying can start near โน1,995 but keep stop-loss close.
3. Breakout Strategy
A clean, daily close above โน2,025โโน2,030 on good volume opens up fresh upside toward all-time highs (~โน2,027+).
Can add more after breakout with confidence.
4. Risk Management
Entry around โน1,982โโน1,990 โ set stop-loss below โน1,960.
If buying near โน1,960โโน1,970 โ stop-loss could be โน1,930.
Price: Around โน1,995 (~โน1,990โโน2,000 range)
52-week range: โน1,588โฏโโฏโน2,027 โ just below the recent high
โ Technical Momentum
Overview: Daily technical summary is a "Strong Buy", with moving averages and indicators like RSI (55.3), Stoch, ADX, and CCI all in buy territory
Pivot Level Support: Standard pivots are around โน1,995
RS Rating (ADR): Strong (83) โ above the 80 mark, but extended โ suggesting good trend; watch pullbacks
๐ก๏ธ Key Price Zones
Support / Buy-on-Dip Areas
โน1,995โโน1,998 โ Daily pivot zone
โน1,982โโน1,990 โ Standard S1 support
โน1,960โโน1,970 โ Deeper Fibonacci/S2 pivot zone
โน1,932โโน1,940 โ Strong long-term support (S3โS4 levels)
Resistance / Profit Exit Zones
โน2,007โโน2,015 โ Immediate upside pivot resistance (R1โR2)
โน2,024โโน2,025 โ R2 zone
โน2,030+ โ R3/R4 zone โ breakout territory
๐งญ Action Plan
1. Currently Holding?
Stay invested โ indicators are still bullish.
Think about taking partial profits in the โน2,015โโน2,025 range, especially if the market overall gets choppy.
2. Planning to Buy?
Best entry: around โน1,982โโน1,990 (safe zone).
If broader markets dip more, ideal accumulation range is โน1,960โโน1,970.
Aggressive buying can start near โน1,995 but keep stop-loss close.
3. Breakout Strategy
A clean, daily close above โน2,025โโน2,030 on good volume opens up fresh upside toward all-time highs (~โน2,027+).
Can add more after breakout with confidence.
4. Risk Management
Entry around โน1,982โโน1,990 โ set stop-loss below โน1,960.
If buying near โน1,960โโน1,970 โ stop-loss could be โน1,930.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Letโs grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Letโs grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Letโs grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Letโs grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.