Trend: Sharp correction after topping out, now attempting base formation near support. Support & Resistance: Support – 1,305 / 1,238 Resistance – 1,388 / 1,547 Expected Move: Stabilizing above 1,300 is positive. Reclaim of 1,380 can trigger relief bounce, otherwise sideways to weak. Fundamentals (Brief): Strong IT services player with stable deal pipeline, but sector facing near-term pressure due to global slowdown concerns. Verdict: Recovery phase — needs strength above resistance to confirm reversal.