Technical Outlook – 360 ONE WAM

is showing a positive technical setup. The stock is currently trading around ₹1,213 and has moved above its 50, 100 and 200-day moving averages, indicating improving medium- to long-term momentum. The stock is approaching a crucial resistance zone around ₹1,215–₹1,220, which also coincides with the descending trendline visible on the chart. A decisive breakout above ₹1,220–₹1,235 with sustained buying could trigger the next leg of the upmove. On a successful breakout, ₹1,260–₹1,270 can be the first upside zone, followed by ₹1,300–₹1,320. RSI is around 59, indicating positive momentum without being in an overbought zone. The price is also trading near the upper Bollinger Band, supporting the bullish bias but warranting caution near resistance. On the downside, ₹1,170–₹1,160 is the immediate support zone. Holding this area keeps the positive structure intact, while a break below ₹1,160 could lead to profit booking towards ₹1,120–₹1,100. Overall, the outlook remains bullish above ₹1,160, with a decisive breakout above ₹1,220–₹1,235 likely to strengthen the upside momentum.