Market Snapshot
Current Price: ~₹708
Intraday Range: ~₹706 – ₹712
Bias: Sideways to mildly bullish
📈 Moving Averages (1H)
20-hour MA: ~₹707 → acting as short-term support
50-hour MA: ~₹704 → supportive level below
200-hour MA: ~₹699 → strong base, long-term intraday support
All moving averages are aligned above each other → bias is bullish.
🔎 Indicators
RSI (14, hourly): ~59 → Momentum positive, not overbought
MACD (1H): Bullish crossover, showing upward momentum
ADX: ~20 → Trend strength is still weak to moderate
Stochastic: Near overbought → caution for minor pullback
🔧 Key Levels
Support: ₹705 → first support, then ₹700 as stronger base
Resistance: ₹712 → immediate resistance, next at ₹715
🧭 Short-Term Outlook
Bullish Case: Break above ₹712–715 zone could push price toward ₹720+.
Bearish Case: Failure at resistance + RSI overbought may drag it back to ₹705 or even ₹700.
Overall Bias: Slightly bullish, but resistance is close and strong.
Current Price: ~₹708
Intraday Range: ~₹706 – ₹712
Bias: Sideways to mildly bullish
📈 Moving Averages (1H)
20-hour MA: ~₹707 → acting as short-term support
50-hour MA: ~₹704 → supportive level below
200-hour MA: ~₹699 → strong base, long-term intraday support
All moving averages are aligned above each other → bias is bullish.
🔎 Indicators
RSI (14, hourly): ~59 → Momentum positive, not overbought
MACD (1H): Bullish crossover, showing upward momentum
ADX: ~20 → Trend strength is still weak to moderate
Stochastic: Near overbought → caution for minor pullback
🔧 Key Levels
Support: ₹705 → first support, then ₹700 as stronger base
Resistance: ₹712 → immediate resistance, next at ₹715
🧭 Short-Term Outlook
Bullish Case: Break above ₹712–715 zone could push price toward ₹720+.
Bearish Case: Failure at resistance + RSI overbought may drag it back to ₹705 or even ₹700.
Overall Bias: Slightly bullish, but resistance is close and strong.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.