📌 Pattern Observed:
Strong breakout above horizontal resistance zone ₹573–₹584. The breakout candle is large and bullish, invalidating past supply pressure. Clear horizontal resistance breakout setup.
📈 Volume Analysis:
Volume spike during breakout confirms participation from smart money and institutions. Adds conviction to the move.
💹 Price Action:
Weekly close at ₹598.85, up +26.03%. Strong bullish candle with close near the high. Indicates aggressive buying throughout the week.
🔁 Support & Resistance:
Support: ₹573–₹584 (previous resistance).
Immediate Resistance: ₹600 (psychological), followed by ₹650–₹680 based on historical supply zones.
📊 Indicators & Signals:
No indicators plotted, but price structure and volume alone confirm strength. Bullish momentum visible.
✅ Conclusion / Trade Idea:
Bias: Bullish
Entry Zone: ₹580–₹590 (on dip)
Stop Loss: Below ₹570
Targets: ₹650 (short term), ₹700+ (medium term if momentum sustains)
Strong breakout above horizontal resistance zone ₹573–₹584. The breakout candle is large and bullish, invalidating past supply pressure. Clear horizontal resistance breakout setup.
📈 Volume Analysis:
Volume spike during breakout confirms participation from smart money and institutions. Adds conviction to the move.
💹 Price Action:
Weekly close at ₹598.85, up +26.03%. Strong bullish candle with close near the high. Indicates aggressive buying throughout the week.
🔁 Support & Resistance:
Support: ₹573–₹584 (previous resistance).
Immediate Resistance: ₹600 (psychological), followed by ₹650–₹680 based on historical supply zones.
📊 Indicators & Signals:
No indicators plotted, but price structure and volume alone confirm strength. Bullish momentum visible.
✅ Conclusion / Trade Idea:
Bias: Bullish
Entry Zone: ₹580–₹590 (on dip)
Stop Loss: Below ₹570
Targets: ₹650 (short term), ₹700+ (medium term if momentum sustains)
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。