π Chart Insights
Big breakout from a long consolidation triangle.
Price surged from ~βΉ13 to βΉ19 in just a few sessions.
RSI hit extreme overbought zone (73+), signaling potential exhaustion.
β οΈ Whatβs Happening Now
Sharp rejection from βΉ19 zone.
Daily candle shows a possible blowoff top.
Next key levels to watch: βΉ16.67 (support) and βΉ19.00 (resistance).
π What to Monitor
Holding above βΉ16.67 could sustain momentum.
Below that, a retest toward breakout zone ~βΉ13 possible.
RSI cooling off = short-term consolidation likely.
π’ Disclaimer:
This is for informational purposes only. Not a buy/sell recommendation. Positions may or may not be held.
π§βπΌ Rajneesh Sharma is a SEBI-registered Research Analyst (INH000020332).
π Investments are subject to market risks. Read all related documents carefully.