BUY Setup 🔨
Entry: ₹1,300-1,305 (Current Level)
Target 1: ₹1,330-1,340
Target 2: ₹1,365-1,375
Target 3: ₹1,400+ (Extended)
Stop Loss: ₹1,275
Technical Rationale:
Strong bullish momentum with +4.56% gain today
Breaking above major descending trendline resistance (visible from June highs)
Consolidation breakout from 1,265-1,285 range
Good volume (3.45M) supporting the breakout
RSI around 65, showing strength with room for further upside
Price attempting to cross key resistance at 1,300 psychological level
Falling wedge pattern breakout - typically bullish
Auto sector strength supporting the move
Support established at 1,280 zone
Risk-Reward: Favorable 1:3 ratio
Pattern: Descending wedge breakout - classic bullish reversal pattern
Strategy: Positional trade - Book 40% at T1 (1,335), 30% at T2 (1,370), trail remaining with SL at 1,310 after T1
Key Levels:
Strong Resistance: 1,310, 1,340, 1,365
Support: 1,280, 1,265
Entry: ₹1,300-1,305 (Current Level)
Target 1: ₹1,330-1,340
Target 2: ₹1,365-1,375
Target 3: ₹1,400+ (Extended)
Stop Loss: ₹1,275
Technical Rationale:
Strong bullish momentum with +4.56% gain today
Breaking above major descending trendline resistance (visible from June highs)
Consolidation breakout from 1,265-1,285 range
Good volume (3.45M) supporting the breakout
RSI around 65, showing strength with room for further upside
Price attempting to cross key resistance at 1,300 psychological level
Falling wedge pattern breakout - typically bullish
Auto sector strength supporting the move
Support established at 1,280 zone
Risk-Reward: Favorable 1:3 ratio
Pattern: Descending wedge breakout - classic bullish reversal pattern
Strategy: Positional trade - Book 40% at T1 (1,335), 30% at T2 (1,370), trail remaining with SL at 1,310 after T1
Key Levels:
Strong Resistance: 1,310, 1,340, 1,365
Support: 1,280, 1,265
Dagangan aktif
Target 1: ₹1,330-1,340 doneDagangan ditutup: sasaran tercapai
Target 3: ₹1,400+ (Extended) doneNota
₹1,420+ 
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.