Price is approaching a key resistance zone around ₹160.
A clear breakout above ₹160 with strong volume can indicate bullish momentum.
Traders generally watch for follow-through candles and retests after a breakout.
Support remains near the ₹142 zone.
Observing volume confirmation is crucial to differentiate between true breakout and false breakout.
⚠️ Disclaimer: This is for educational purposes only. I am not SEBI registered. Please do your own analysis before making trading or investing decisions.
A clear breakout above ₹160 with strong volume can indicate bullish momentum.
Traders generally watch for follow-through candles and retests after a breakout.
Support remains near the ₹142 zone.
Observing volume confirmation is crucial to differentiate between true breakout and false breakout.
⚠️ Disclaimer: This is for educational purposes only. I am not SEBI registered. Please do your own analysis before making trading or investing decisions.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.