Key Observations
Breakout: Stock broke out above resistance (~₹653) in mid-August.
Retest: Price pulled back, successfully retested that breakout level (~₹653) as support.
Support Holding: Holding above this level signals strength.
New Entry Zone: Current move above ₹653 confirms continuation of uptrend.
Key Levels
Immediate Support: ₹653.25 (recent breakout + retest level).
Major Support: ₹612.15 (must hold for medium-term bullish structure).
Near-term Resistance / Targets:
₹693
₹715
₹740
Beyond that, momentum could stretch to ₹760+.
Volume Analysis
Strong buying spikes near breakout zone.
Recent pullback had lower volume → indicating profit-taking, not heavy selling.
Bias: Bullish continuation, since it held breakout retest strongly. Looks like a good swing entry with clear risk management.
⚠️ Disclaimer: This chart is for educational purposes only.
Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions
Breakout: Stock broke out above resistance (~₹653) in mid-August.
Retest: Price pulled back, successfully retested that breakout level (~₹653) as support.
Support Holding: Holding above this level signals strength.
New Entry Zone: Current move above ₹653 confirms continuation of uptrend.
Key Levels
Immediate Support: ₹653.25 (recent breakout + retest level).
Major Support: ₹612.15 (must hold for medium-term bullish structure).
Near-term Resistance / Targets:
₹693
₹715
₹740
Beyond that, momentum could stretch to ₹760+.
Volume Analysis
Strong buying spikes near breakout zone.
Recent pullback had lower volume → indicating profit-taking, not heavy selling.
Bias: Bullish continuation, since it held breakout retest strongly. Looks like a good swing entry with clear risk management.
⚠️ Disclaimer: This chart is for educational purposes only.
Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions
Creator of “VaultSignal Weekly, SignalSurge Daily, ProChart Future Hourly, – Invite-only scripts. Access available via profile. t.me/+Mdc4fo9qxn8zNzI1
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Creator of “VaultSignal Weekly, SignalSurge Daily, ProChart Future Hourly, – Invite-only scripts. Access available via profile. t.me/+Mdc4fo9qxn8zNzI1
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.