A breakout above this zone with volume confirmation may trigger a bullish move, making it a buy recommendation if it closes above ₹11,850. The next target would be ₹12,050, with a stop loss at ₹11,690. However, if the price gets rejected at resistance, it could lead to consolidation—so wait for a decisive breakout before entry.
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for educational purposes only
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.