‹ All Posts
Covesting Technologies Pvt Ltd

27th Sep · SEBI Registration INH000015835

Akzo Nobel India breaks above ₹3,195 resistance!

Akzo Nobel India breaks above ₹3,195 resistance Akzo Nobel India Limited (NSE: AKZOINDIA) closed at ₹3,200 on September 25, gaining 2.15%. The stock moved above its ₹3,194.50 second-resistance level. Why it matters The stock also crossed the first resistance at ₹3,163.40. The technical pivot stands at ₹3,134.70, while the next resistance is ₹3,254.30. Support levels are ₹3,103.60, ₹3,074.90 and ₹3,015.10. Trading volume was about 52,257 shares during the session. The breakout places the stock just above the ₹3,194.50 resistance zone, making this level important for the next trading sessions. My view The technical structure has strengthened after the stock cleared two resistance levels. The next test is whether ₹3,194.50 can turn into a support zone.

#PsychologyofMoney
808 likes·64 comments