📌 Key Price & Technical Status
Current market quote: ~ ₹758 on 17 Nov 2025.
RSI (14) on daily basis: ~77.46 → Overbought zone.
Moving averages (daily) for 5/10/20/50/100/200 periods are all showing “Buy” signals.
🎯 Interpretation & Short-Term Outlook
Given the current price (~₹758) is above many of the standard resistance/pivot levels, the stock is in a relatively strong upward momentum phase.
Overbought RSI suggests risk of pull-back or consolidation.
Key support zone to watch in case of reversal: ~ ₹730-₹720 (S1-S2 region)
On the upside, if momentum continues: ~ ₹760-₹780 region appears to be the next resistance cluster.
Since the price is already above many pivots and in “overbought” territory, caution is warranted for fresh long positions — better to wait for confirmation (e.g., breakout & volume) or a pull-back to support.
Current market quote: ~ ₹758 on 17 Nov 2025.
RSI (14) on daily basis: ~77.46 → Overbought zone.
Moving averages (daily) for 5/10/20/50/100/200 periods are all showing “Buy” signals.
🎯 Interpretation & Short-Term Outlook
Given the current price (~₹758) is above many of the standard resistance/pivot levels, the stock is in a relatively strong upward momentum phase.
Overbought RSI suggests risk of pull-back or consolidation.
Key support zone to watch in case of reversal: ~ ₹730-₹720 (S1-S2 region)
On the upside, if momentum continues: ~ ₹760-₹780 region appears to be the next resistance cluster.
Since the price is already above many pivots and in “overbought” territory, caution is warranted for fresh long positions — better to wait for confirmation (e.g., breakout & volume) or a pull-back to support.
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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.