Price Action View
Stock had a strong breakout rally recently with heavy volume, creating an imbalance (FVG – Fair Value Gap) in the daily chart.
After the sharp move, price is now retracing downwards into the discount zone & order block area.
🟢 Bullish Points
Clear uptrend structure – higher highs and higher lows.
Strong volume spike confirms institutional interest.
Price is approaching the FVG zone (₹2,200–₹2,400) which can act as a demand zone for a bounce.
🔴 Risk / Bearish Signs
Current correction is sharp (–3.2% today) → showing sellers still active.
If price breaks below ₹2,000, structure weakens and downside towards ₹1,700 support is possible.
🎯 Trading Plan (As per Chart Markings)
First Entry: around ₹2,200–₹2,300 (inside FVG).
Second Entry: if deeper retracement near ₹2,000.
Stop Loss: below order block (~₹1,850–₹1,900).
Target 1: around ₹3,300 (previous high / resistance).
✅ Summary
Stock is in a strong uptrend but currently cooling off after a big rally. Best approach is to wait for retracement into the FVG/Order Block zone and then look for buying opportunities with a stop loss below ₹1,900. If the setup works, upside target remains ₹3,200–₹3,300
Stock had a strong breakout rally recently with heavy volume, creating an imbalance (FVG – Fair Value Gap) in the daily chart.
After the sharp move, price is now retracing downwards into the discount zone & order block area.
🟢 Bullish Points
Clear uptrend structure – higher highs and higher lows.
Strong volume spike confirms institutional interest.
Price is approaching the FVG zone (₹2,200–₹2,400) which can act as a demand zone for a bounce.
🔴 Risk / Bearish Signs
Current correction is sharp (–3.2% today) → showing sellers still active.
If price breaks below ₹2,000, structure weakens and downside towards ₹1,700 support is possible.
🎯 Trading Plan (As per Chart Markings)
First Entry: around ₹2,200–₹2,300 (inside FVG).
Second Entry: if deeper retracement near ₹2,000.
Stop Loss: below order block (~₹1,850–₹1,900).
Target 1: around ₹3,300 (previous high / resistance).
✅ Summary
Stock is in a strong uptrend but currently cooling off after a big rally. Best approach is to wait for retracement into the FVG/Order Block zone and then look for buying opportunities with a stop loss below ₹1,900. If the setup works, upside target remains ₹3,200–₹3,300
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。