🔍 Current Price
Trading around ₹1,720 – ₹1,740
📊 Technical Indicators
Trend: Bearish — price trading below short and medium-term moving averages.
RSI (14): Around 26–27, showing oversold zone.
MACD: Negative, indicating bearish momentum.
ADX: Strong, meaning the downtrend has solid strength.
⚙️ Key Levels
Immediate Resistance 1: ₹1,780
Resistance 2: ₹1,820 – ₹1,840
Immediate Support 1: ₹1,700
Support 2: ₹1,650
Deeper Support: ₹1,620
🧮 Base Strategy
Long Setup:
Entry: Near ₹1,700 if reversal signals appear
Stop Loss: Below ₹1,650
Targets: ₹1,780 first, then ₹1,820+
Short Setup (Reversal):
If price fails near ₹1,780 zone
Targets: ₹1,700, then ₹1,650
Breakout Setup:
If price sustains above ₹1,820 – ₹1,840 with volume
Upside can extend toward higher levels
Trading around ₹1,720 – ₹1,740
📊 Technical Indicators
Trend: Bearish — price trading below short and medium-term moving averages.
RSI (14): Around 26–27, showing oversold zone.
MACD: Negative, indicating bearish momentum.
ADX: Strong, meaning the downtrend has solid strength.
⚙️ Key Levels
Immediate Resistance 1: ₹1,780
Resistance 2: ₹1,820 – ₹1,840
Immediate Support 1: ₹1,700
Support 2: ₹1,650
Deeper Support: ₹1,620
🧮 Base Strategy
Long Setup:
Entry: Near ₹1,700 if reversal signals appear
Stop Loss: Below ₹1,650
Targets: ₹1,780 first, then ₹1,820+
Short Setup (Reversal):
If price fails near ₹1,780 zone
Targets: ₹1,700, then ₹1,650
Breakout Setup:
If price sustains above ₹1,820 – ₹1,840 with volume
Upside can extend toward higher levels
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.