After a 3-year Falling Wedge, price has broken out and is retesting the breakout zone.
Price spent 3 years inside a falling wedge and has now broken out on the weekly and is attempting a retest.
Structure since Mar–Apr ’25 has shifted to higher low → higher high on weekly.
Volume expanded on the breakout leg and cooled off on the pullback – constructive for a continuation.
Key Levels
₹1900–2050: breakout-retest zone (near current price).
₹1,800–1,850: deep support / last higher-low area (≈61.8% of the up-leg).
₹1,500–1,550: wedge lower boundary (invalidates the larger bullish thesis if lost).
Bias: Bullish while weekly structure of higher lows holds.
Targets: ₹2,380–2,450 → ₹2,650–2,750; 3500+ trail stops under prior weekly lows.
This is an educational idea, not financial advice.
Price spent 3 years inside a falling wedge and has now broken out on the weekly and is attempting a retest.
Structure since Mar–Apr ’25 has shifted to higher low → higher high on weekly.
Volume expanded on the breakout leg and cooled off on the pullback – constructive for a continuation.
Key Levels
₹1900–2050: breakout-retest zone (near current price).
₹1,800–1,850: deep support / last higher-low area (≈61.8% of the up-leg).
₹1,500–1,550: wedge lower boundary (invalidates the larger bullish thesis if lost).
Bias: Bullish while weekly structure of higher lows holds.
Targets: ₹2,380–2,450 → ₹2,650–2,750; 3500+ trail stops under prior weekly lows.
This is an educational idea, not financial advice.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。