The chart is showing strong accumulation with massive volumes, signaling smart money activity. Price has spent significant time in a sideways cycle, suggesting consolidation is now near completion.
🔑 Key Levels & Plans
Plan 1: Buy near CMP / 285 | SL: 240 | TP1: 340 | TP2: 400
Plan 2: Buy above 340 (on sustained breakout) | TP1: 395 | TP2: 495 | TP3: 595
⚠️ Caution: Strong resistance around 318–340. A breakout above this zone could trigger the next rally, but failure may lead to another pullback.
📌 Conclusion: Stock looks ready for a potential ride, but breakout confirmation is crucial before entering aggressively.
🔑 Key Levels & Plans
Plan 1: Buy near CMP / 285 | SL: 240 | TP1: 340 | TP2: 400
Plan 2: Buy above 340 (on sustained breakout) | TP1: 395 | TP2: 495 | TP3: 595
⚠️ Caution: Strong resistance around 318–340. A breakout above this zone could trigger the next rally, but failure may lead to another pullback.
📌 Conclusion: Stock looks ready for a potential ride, but breakout confirmation is crucial before entering aggressively.
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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.