Forming a classic rounding bottom pattern after a period of consolidation,
Bullish crossover observed (10EMA crossing 20 EMA). Price action is steady and making "Higher Lows."
Support at ₹735. Resistance at ₹770. Consolidation breakout above ₹770 confirms a fresh uptrend.
The current price of ₹749 is sitting right above the immediate resistance. If it sustains here for 2-3 sessions, it confirms that the "Sell on Rise" mentality has shifted to "Buy on Dip."
The immediate target is ₹770, and if it clears the ₹810 peak, it enters into a blue-sky zone (new highs).
The technical analysis provided above is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell securities.