Price has entered a major supply zone (₹1,390–₹1,440). Strong BOS (Break of Structure) confirms bullish momentum. RSI supports strength; breakout looks likely on volume surge.📌 Trade Plan (Swing/Positional):
Buy above: ₹1,445 (on breakout + closing basis)
Stoploss: ₹1,365
Target 1: ₹1,580
Target 2: ₹1,720
Sell Below (Rejection): ₹1,360 (if price gets rejected at supply)
🔍 Technical Highlights:
BOS and CHoCH indicate structure shift from bearish to bullish
Currently testing supply zone after BOS
Volume increasing with bullish candles
RSI approaching overbought — breakout likely, but confirmation needed
For Education Purposes Only
Buy above: ₹1,445 (on breakout + closing basis)
Stoploss: ₹1,365
Target 1: ₹1,580
Target 2: ₹1,720
Sell Below (Rejection): ₹1,360 (if price gets rejected at supply)
🔍 Technical Highlights:
BOS and CHoCH indicate structure shift from bearish to bullish
Currently testing supply zone after BOS
Volume increasing with bullish candles
RSI approaching overbought — breakout likely, but confirmation needed
For Education Purposes Only
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.