📊 Key daily levels to watch
Here are approximate levels based on recent data:
Support: around ₹47.50-₹48.00 region (the near lower band)
Resistance: around ₹50.00-₹52.00 region — a near barrier if the stock tries to bounce.
Pivot/central reference: ~ ₹48.15 (classic pivot) for the day.
📌 Interpretation for a Day Trader
a) If price remains above ~₹48.00 and holds, that level may act as a short-term base.
b) A decisive break above ~₹49.50-₹50.10 with good volume could open a short relief move towards the next resistance zone.
Conversely, a break below ~₹47.50 would signal risk of deeper downside and may invalidate the c) short-term support.
d) Because the trend/indicator setup is weak (daily technicals show “Strong Sell” for daily timeframe), any long trade should be cautious and risk-managed.
Here are approximate levels based on recent data:
Support: around ₹47.50-₹48.00 region (the near lower band)
Resistance: around ₹50.00-₹52.00 region — a near barrier if the stock tries to bounce.
Pivot/central reference: ~ ₹48.15 (classic pivot) for the day.
📌 Interpretation for a Day Trader
a) If price remains above ~₹48.00 and holds, that level may act as a short-term base.
b) A decisive break above ~₹49.50-₹50.10 with good volume could open a short relief move towards the next resistance zone.
Conversely, a break below ~₹47.50 would signal risk of deeper downside and may invalidate the c) short-term support.
d) Because the trend/indicator setup is weak (daily technicals show “Strong Sell” for daily timeframe), any long trade should be cautious and risk-managed.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.
