📊 Technical Setup
Pattern: Higher lows since March 2025 forming a symmetrical triangle.
Resistance Zone: ₹9,800–10,000 remains the key neckline.
Support Trendline: Rising trendline support from 2022 around ₹8,000.
MACD: Bullish divergence visible — momentum indicator turning positive after a long downtrend.
Volume: Uptick on green candles suggests institutional accumulation.
🎯 Targets
Breakout above ₹10,000 can push the stock toward ₹11,500–12,200 levels.
Strong support stays at ₹8,000.
🔎 Fundamentals Snapshot
Parentage: Backed by Oracle Corp. (global tech leader).
Strength: Banking & financial software products, steady margins, and strong cash reserves.
Trigger: BFSI digital adoption + global banking transformation = long-term growth tailwinds.
⚡ Trading View:
Aggressive traders: Accumulate with stop below ₹8,000.
Conservative traders: Wait for weekly close above ₹10,000 for confirmed breakout.
Risk-Reward: Attractive risk-reward as stock is near support trendline.