1️⃣ Safe Trader Strategy (Low Risk)
Wait for a clean breakout above ₹93,900
→ Buy on retest
→ Stop-loss: ₹92,800
→ Target: ₹94,500 – ₹95,200
This avoids false breakouts
2️⃣ Aggressive Trader Strategy
Buy near support:
Entry: ₹92,100 – ₹92,600
Stop-loss: ₹91,500
Targets: ₹93,500, ₹94,500
Higher risk, but higher reward.
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3️⃣ Don’t Chase at Resistance
Price is near resistance, not ideal for fresh buying unless it breaks out.-
🧠 My Thoughts Based on the Chart
Momentum is positive.
Trend is up but overextended near resistance.
Expect either:
A breakout above ₹93,900, OR
A pullback to ₹92,000 before the next leg.
Buying now is medium-risk. Safer to wait for breakout or dip.
: 📌 Short-term (hours)
📌 Medium-term (days)
📌 Long-term (weeks) forecast
or
📌 Specific entry/exit points based on your risk ?
Wait for a clean breakout above ₹93,900
→ Buy on retest
→ Stop-loss: ₹92,800
→ Target: ₹94,500 – ₹95,200
This avoids false breakouts
2️⃣ Aggressive Trader Strategy
Buy near support:
Entry: ₹92,100 – ₹92,600
Stop-loss: ₹91,500
Targets: ₹93,500, ₹94,500
Higher risk, but higher reward.
---
3️⃣ Don’t Chase at Resistance
Price is near resistance, not ideal for fresh buying unless it breaks out.-
🧠 My Thoughts Based on the Chart
Momentum is positive.
Trend is up but overextended near resistance.
Expect either:
A breakout above ₹93,900, OR
A pullback to ₹92,000 before the next leg.
Buying now is medium-risk. Safer to wait for breakout or dip.
: 📌 Short-term (hours)
📌 Medium-term (days)
📌 Long-term (weeks) forecast
or
📌 Specific entry/exit points based on your risk ?