🧩 Chart Pattern:
Price is consolidating within a descending triangle and forming a strong base near ₹190–₹192.
A breakout above ₹202–₹204 could trigger a trend reversal and a potential 10% short-term rally.
📊 Technical View:
Trendline Resistance: ₹202–₹204
Support Zone: ₹190–₹192
RSI: Around 40, showing momentum buildup after consolidation
MACD: Flattening near zero — early signs of possible bullish crossover
Volume: Decreasing during consolidation — breakout volume will confirm direction
This analysis is for educational purposes only.
Not financial advice — do your own research or consult your advisor before trading.
Price is consolidating within a descending triangle and forming a strong base near ₹190–₹192.
A breakout above ₹202–₹204 could trigger a trend reversal and a potential 10% short-term rally.
📊 Technical View:
Trendline Resistance: ₹202–₹204
Support Zone: ₹190–₹192
RSI: Around 40, showing momentum buildup after consolidation
MACD: Flattening near zero — early signs of possible bullish crossover
Volume: Decreasing during consolidation — breakout volume will confirm direction
This analysis is for educational purposes only.
Not financial advice — do your own research or consult your advisor before trading.
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Penerbitan berkaitan
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.