Short-Term View: A strong breakout above key resistance at ₹1,100 with volume surge indicates bullish momentum. Price reclaimed the 50 EMA after consolidation. RSI at 60.87 supports strength; next resistance lies near ₹1,193.90.
Long-Term View: Structurally strong after correction. Sustaining above ₹1,020 (50 EMA) may attract fresh buying. Long-term targets can stretch to ₹1,300+ if earnings and demand trends remain favorable.
Conclusion: Bullish momentum likely to continue both short and long term. Watch for volume confirmation and hold above ₹1,100.
For Education Purpose only
Long-Term View: Structurally strong after correction. Sustaining above ₹1,020 (50 EMA) may attract fresh buying. Long-term targets can stretch to ₹1,300+ if earnings and demand trends remain favorable.
Conclusion: Bullish momentum likely to continue both short and long term. Watch for volume confirmation and hold above ₹1,100.
For Education Purpose only
トレード終了: 利益確定目標に到達
1300 Target Done
免責事項
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.
免責事項
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.