The structure suggests a completed Wave 4 correction at 0.5–0.618 Fibonacci retracement, setting up for the final Wave 5 leg. A bullish reversal is underway, supported by improving RSI and rising volume.
Key Levels:
Support: ₹603, ₹500, ₹465
Resistance: ₹725 (Fib), then new highs
RSI at 42.6 shows early bullish momentum. A weekly close above ₹725 could confirm Wave 5 ignition toward potential new highs.
Bias: Bullish | Wave 5 in Progress
Key Levels:
Support: ₹603, ₹500, ₹465
Resistance: ₹725 (Fib), then new highs
RSI at 42.6 shows early bullish momentum. A weekly close above ₹725 could confirm Wave 5 ignition toward potential new highs.
Bias: Bullish | Wave 5 in Progress
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