1. **Support and Resistance Levels:** - **Resistance** is marked around ₹1,427.10. - **Current price** appears to be around ₹1,326.95, with the next potential move targeting higher levels.
2. **Chart Patterns:** - A **symmetrical triangle** or consolidation pattern is evident, suggesting a breakout attempt, which may already have occurred as the price is moving upward.
3. **Target and Stop-Loss:** - **Target:** ₹1,470.65 (approximately 10% gain). - **Stop-Loss:** ₹1,276 (1% downside risk). - This indicates a **Risk/Reward Ratio** of 10.06, which is excellent.
4. **Indicators:** - The use of a **moving average** line indicates support in the upward trend. - Fibonacci levels or historical price actions may have been used to calculate the target.