Chart Analysis:
The stock has formed a flat base pattern and is now showing a breakout with strong volumes, indicating strength in the move. The weekly chart structure also supports the bullish outlook. A long position can be considered around the 5400–5450 zone.
Key Levels:
•Entry: 5400–5450
•Targets: 5750 / 5930 / 6130 / 6300
•Stop-loss (short term): Daily close below 5200 (strict SL for smaller targets)
•Stop-loss (positional 3–4 months): Daily close below 4700
Disclaimer:
I am not SEBI registered. This analysis is for educational purposes only and not investment advice. Please do your own research before trading or investing.
The stock has formed a flat base pattern and is now showing a breakout with strong volumes, indicating strength in the move. The weekly chart structure also supports the bullish outlook. A long position can be considered around the 5400–5450 zone.
Key Levels:
•Entry: 5400–5450
•Targets: 5750 / 5930 / 6130 / 6300
•Stop-loss (short term): Daily close below 5200 (strict SL for smaller targets)
•Stop-loss (positional 3–4 months): Daily close below 4700
Disclaimer:
I am not SEBI registered. This analysis is for educational purposes only and not investment advice. Please do your own research before trading or investing.
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.