The stock experienced a strong bullish move (5-wave uptrend), currently consolidating inside an upward channel.
Price is facing resistance near ₹700–₹735.
The momentum indicator (RSI) suggests no extreme buying or selling; trend is neutral to cautiously bullish unless a clear breakout or breakdown occurs.
Support: Lower channel boundary (~₹660).
Resistance: ₹700–₹735.
Strong move above resistance could signal further upside; a break below the channel may indicate a corrective decline.
Price is facing resistance near ₹700–₹735.
The momentum indicator (RSI) suggests no extreme buying or selling; trend is neutral to cautiously bullish unless a clear breakout or breakdown occurs.
Support: Lower channel boundary (~₹660).
Resistance: ₹700–₹735.
Strong move above resistance could signal further upside; a break below the channel may indicate a corrective decline.
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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.