Swing
Trendline Breakout:
The orange trendline highlights a resistance level formed by previous highs.
The stock has recently broken above this resistance with significant upward movement, indicating bullish momentum.
Support Level:
A strong support is evident around ₹860.90 (marked by the blue horizontal line). This level has been tested multiple times in the past, making it a reliable support.
Volume Analysis:
The volume has spiked alongside the price breakout, suggesting strong buying interest and confirmation of the breakout.
Current Price:
The stock is trading at ₹1,156.20, up by ₹154.55 (+15.43%) during the observed period.
Market Sentiment:
The breakout and increased volumes indicate positive market sentiment for this stock.
Future Outlook:
If the momentum continues, the stock might aim for new highs. However, investors should monitor for profit-booking or corrections near resistance levels.
The orange trendline highlights a resistance level formed by previous highs.
The stock has recently broken above this resistance with significant upward movement, indicating bullish momentum.
Support Level:
A strong support is evident around ₹860.90 (marked by the blue horizontal line). This level has been tested multiple times in the past, making it a reliable support.
Volume Analysis:
The volume has spiked alongside the price breakout, suggesting strong buying interest and confirmation of the breakout.
Current Price:
The stock is trading at ₹1,156.20, up by ₹154.55 (+15.43%) during the observed period.
Market Sentiment:
The breakout and increased volumes indicate positive market sentiment for this stock.
Future Outlook:
If the momentum continues, the stock might aim for new highs. However, investors should monitor for profit-booking or corrections near resistance levels.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.