🔎 Current Snapshot
Latest price on NSE: ~ ₹163.00–₹163.50.
52‑week trading range: ₹110.72 (low) ⇒ ₹174.50 (high).
On moving averages: price is above 50‑day, 100‑day and 200‑day MA — a bullish structural sign, though short‑term oscillators are mixed/neutral.
Recent 1‑week performance: modest gains (price near upper of recent short‑term range) — suggests a cautious bullish bias, not a runaway rally.
✅ My “Base‑Case” 1‑Week Scenarios
Scenario A – Mild Bullish (likely): Price hovers between ₹160–165, bouncing off support ~₹160 and possibly testing ₹165–166.
Scenario B – Bullish Breakout (if catalysts align): Break above ₹165–166 → move toward ₹167–168 (maybe touching ₹170).
Scenario C – Weak/Neutral (in adverse market): If oil/market turns negative & price breaks below ₹160, watch for dips toward ₹158–159.
Latest price on NSE: ~ ₹163.00–₹163.50.
52‑week trading range: ₹110.72 (low) ⇒ ₹174.50 (high).
On moving averages: price is above 50‑day, 100‑day and 200‑day MA — a bullish structural sign, though short‑term oscillators are mixed/neutral.
Recent 1‑week performance: modest gains (price near upper of recent short‑term range) — suggests a cautious bullish bias, not a runaway rally.
✅ My “Base‑Case” 1‑Week Scenarios
Scenario A – Mild Bullish (likely): Price hovers between ₹160–165, bouncing off support ~₹160 and possibly testing ₹165–166.
Scenario B – Bullish Breakout (if catalysts align): Break above ₹165–166 → move toward ₹167–168 (maybe touching ₹170).
Scenario C – Weak/Neutral (in adverse market): If oil/market turns negative & price breaks below ₹160, watch for dips toward ₹158–159.
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.
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.