1. Pattern Breakout: Ascending triangle breakout on the daily chart.
2. Volume Confirmation: High volume (6.16M) supports the breakout.
3. Price Action: Current price at ₹1,013.85, up 9.28%.
4. Resistance Turned Support: Previous resistance at ₹900 now acts as support.
5. Target Projection: Potential upside target around ₹1,100 based on the breakout.
6. Trend: Strong bullish momentum indicating trend continuation.
2. Volume Confirmation: High volume (6.16M) supports the breakout.
3. Price Action: Current price at ₹1,013.85, up 9.28%.
4. Resistance Turned Support: Previous resistance at ₹900 now acts as support.
5. Target Projection: Potential upside target around ₹1,100 based on the breakout.
6. Trend: Strong bullish momentum indicating trend continuation.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
