Price Action
CMP: ₹396–400 (Aug 29, 2025)
Stock is consolidating near highs after strong rally.
Trading above 20 / 50 / 200 EMAs → confirms bullish structure.
Resistance: ₹405–410 (breakout zone)
Support: ₹389 → ₹385 → ₹365 (weekly base)
Upside Targets:
🎯 T1 = ₹430
🎯 T2 = ₹475
🎯 T3 = ₹535 (extended swing target)
Invalidation: Close below ₹385 → caution; below ₹365 → setup weakens.
Indicators & Momentum
RSI (14): ~62 → bullish, not extreme yet.
ADX: Strength building → supports continuation.
MFI: Above 70 → strong money inflow, but watch overbought.
MACD: Mixed; short-term pauses possible.
🧭 Trading View Bias
Bias: Bullish above ₹389
Short-Term: ₹405 → ₹430
Medium-Term: ₹475 → ₹535
Caution: Sustained close below ₹385 shifts bias neutral.
Disclaimer: This is a technical analysis for educational purposes only—not financial advice. Always perform your own due diligence before trading.
CMP: ₹396–400 (Aug 29, 2025)
Stock is consolidating near highs after strong rally.
Trading above 20 / 50 / 200 EMAs → confirms bullish structure.
Resistance: ₹405–410 (breakout zone)
Support: ₹389 → ₹385 → ₹365 (weekly base)
Upside Targets:
🎯 T1 = ₹430
🎯 T2 = ₹475
🎯 T3 = ₹535 (extended swing target)
Invalidation: Close below ₹385 → caution; below ₹365 → setup weakens.
Indicators & Momentum
RSI (14): ~62 → bullish, not extreme yet.
ADX: Strength building → supports continuation.
MFI: Above 70 → strong money inflow, but watch overbought.
MACD: Mixed; short-term pauses possible.
🧭 Trading View Bias
Bias: Bullish above ₹389
Short-Term: ₹405 → ₹430
Medium-Term: ₹475 → ₹535
Caution: Sustained close below ₹385 shifts bias neutral.
Disclaimer: This is a technical analysis for educational purposes only—not financial advice. Always perform your own due diligence before trading.
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.
