🔎 Current Snapshot
Latest price on NSE: ~ ₹163.00–₹163.50.
52‑week trading range: ₹110.72 (low) ⇒ ₹174.50 (high).
On moving averages: price is above 50‑day, 100‑day and 200‑day MA — a bullish structural sign, though short‑term oscillators are mixed/neutral.
Recent 1‑week performance: modest gains (price near upper of recent short‑term range) — suggests a cautious bullish bias, not a runaway rally.
✅ My “Base‑Case” 1‑Week Scenarios
Scenario A – Mild Bullish (likely): Price hovers between ₹160–165, bouncing off support ~₹160 and possibly testing ₹165–166.
Scenario B – Bullish Breakout (if catalysts align): Break above ₹165–166 → move toward ₹167–168 (maybe touching ₹170).
Scenario C – Weak/Neutral (in adverse market): If oil/market turns negative & price breaks below ₹160, watch for dips toward ₹158–159.
Latest price on NSE: ~ ₹163.00–₹163.50.
52‑week trading range: ₹110.72 (low) ⇒ ₹174.50 (high).
On moving averages: price is above 50‑day, 100‑day and 200‑day MA — a bullish structural sign, though short‑term oscillators are mixed/neutral.
Recent 1‑week performance: modest gains (price near upper of recent short‑term range) — suggests a cautious bullish bias, not a runaway rally.
✅ My “Base‑Case” 1‑Week Scenarios
Scenario A – Mild Bullish (likely): Price hovers between ₹160–165, bouncing off support ~₹160 and possibly testing ₹165–166.
Scenario B – Bullish Breakout (if catalysts align): Break above ₹165–166 → move toward ₹167–168 (maybe touching ₹170).
Scenario C – Weak/Neutral (in adverse market): If oil/market turns negative & price breaks below ₹160, watch for dips toward ₹158–159.
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.