Currently trading at ₹1,817, Interarch is showing strong upward momentum on the daily chart after a recent breakout.
Key Observations:
Support Levels: Strong support at ₹1,700, with a secondary base near ₹1,550.
Resistance Levels: Immediate resistance near ₹1,900, with potential to test ₹2,050-2,100 in the coming weeks.
Indicators:
RSI at 63.70, indicating bullish momentum without being overbought.
Sustained volume spike confirms breakout strength.
Strategy:
Entry: On a pullback near ₹1,800 or a breakout above ₹1,900.
Targets: ₹2,000 (short term), ₹2,100 (positional).
Stop-Loss: Below ₹1,690 to manage risk effectively.
Focus on volume confirmation for sustained upside!
Key Observations:
Support Levels: Strong support at ₹1,700, with a secondary base near ₹1,550.
Resistance Levels: Immediate resistance near ₹1,900, with potential to test ₹2,050-2,100 in the coming weeks.
Indicators:
RSI at 63.70, indicating bullish momentum without being overbought.
Sustained volume spike confirms breakout strength.
Strategy:
Entry: On a pullback near ₹1,800 or a breakout above ₹1,900.
Targets: ₹2,000 (short term), ₹2,100 (positional).
Stop-Loss: Below ₹1,690 to manage risk effectively.
Focus on volume confirmation for sustained upside!
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.
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.