Trend: The stock is forming a base after a correction from highs and is now regaining momentum near ₹900. The tested demand zone around ₹809 acted as a strong support, and price is approaching the resistance at ₹922. A breakout above this could open the path for a move toward higher levels. Key Levels: Fresh Breakout Level: ₹944.75 Immediate Resistance: ₹922.15 Support Level: ₹809.25 Fundamentals (Key Points): 💊 Leading player in APIs and formulations with strong global presence. 📈 Steady revenue growth with focus on high-margin custom synthesis business. 🧪 Robust R&D capabilities supporting product diversification. 💰 Healthy balance sheet with improving operating margins. 🌍 Benefiting from global demand in pharma and specialty chemicals. Final Verdict: Bullish Bias — Sustaining above ₹900 could trigger upside toward ₹922–₹945; momentum likely to strengthen above breakout levels.

#TechnicalViews#FundamentalViews#WatchOutFor

849 likes·47 comments