Chart Pattern: Inverted Head and Shoulders (H&S) Pattern Identified
Neckline Resistance: ₹330
FII Accumulation Zone: Around ₹290
Price Action: Price has formed a classic inverted H&S pattern and is currently consolidating just below the neckline at ₹330.
Volume: Rising volume indicates institutional interest.
Conclusion:
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A weekly close above ₹330 may lead to a bullish breakout.
Target levels post-breakout could be in the range of ₹360-₹390 short term, with medium-term potential above ₹400 if volume supports.
Shareholding & Institutional Activity
=========================================
FII Holding Zone: ₹290
High Institutional Interest: Visible from both volume and price breakout attempts.
Retail Participation: Healthy based on consolidation and absorption of supply.
Financial Analysis
====================
Company has demonstrated robust earnings growth and excellent cost management.
Strong operating leverage.
Neckline Resistance: ₹330
FII Accumulation Zone: Around ₹290
Price Action: Price has formed a classic inverted H&S pattern and is currently consolidating just below the neckline at ₹330.
Volume: Rising volume indicates institutional interest.
Conclusion:
=====================
A weekly close above ₹330 may lead to a bullish breakout.
Target levels post-breakout could be in the range of ₹360-₹390 short term, with medium-term potential above ₹400 if volume supports.
Shareholding & Institutional Activity
=========================================
FII Holding Zone: ₹290
High Institutional Interest: Visible from both volume and price breakout attempts.
Retail Participation: Healthy based on consolidation and absorption of supply.
Financial Analysis
====================
Company has demonstrated robust earnings growth and excellent cost management.
Strong operating leverage.
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.