📍 Today’s Expected Range (Intraday Approximation)
Expected High: ₹2,686–₹2,700
Expected Low: ₹2,640–₹2,650
These levels are approximate intraday zones. Volatility may cause small deviations.
🔍 Key Points
Current price: ₹2,675, right between support and resistance.
If the price breaks above ₹2,700 with strong buying → bullish momentum likely.
If the price falls below ₹2,640 → potential pullback or short-term correction.
📊 Trading Strategy for Today
Bullish Scenario:
If price breaks ₹2,680–₹2,700, you can buy, targeting ₹2,720–₹2,750.
Stop-loss: Below ₹2,665
Bearish Scenario:
If price falls below ₹2,640, you can sell/short, targeting ₹2,620–₹2,600.
Stop-loss: Above ₹2,655
Range-Bound / Sideways:
If price stays between ₹2,640–₹2,680, it’s better to wait and avoid trading until a clear breakout happens.
💡 Summary:
Resistance zone: ₹2,680–₹2,700
Support zone: ₹2,640–₹2,650
Strategy: Trade in the direction of the breakout and always use stop-loss.
Expected High: ₹2,686–₹2,700
Expected Low: ₹2,640–₹2,650
These levels are approximate intraday zones. Volatility may cause small deviations.
🔍 Key Points
Current price: ₹2,675, right between support and resistance.
If the price breaks above ₹2,700 with strong buying → bullish momentum likely.
If the price falls below ₹2,640 → potential pullback or short-term correction.
📊 Trading Strategy for Today
Bullish Scenario:
If price breaks ₹2,680–₹2,700, you can buy, targeting ₹2,720–₹2,750.
Stop-loss: Below ₹2,665
Bearish Scenario:
If price falls below ₹2,640, you can sell/short, targeting ₹2,620–₹2,600.
Stop-loss: Above ₹2,655
Range-Bound / Sideways:
If price stays between ₹2,640–₹2,680, it’s better to wait and avoid trading until a clear breakout happens.
💡 Summary:
Resistance zone: ₹2,680–₹2,700
Support zone: ₹2,640–₹2,650
Strategy: Trade in the direction of the breakout and always use stop-loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.