is showing a strong bullish structure on the daily chart. The stock has gradually formed higher highs and higher lows after its earlier consolidation and has recently moved toward the ₹140–145 zone. The latest breakout is accompanied by increased volume indicating stronger participation. However price is now near a previous supply/high zone so some consolidation or profit booking can occur.
Support & Resistance:
Immediate support is around ₹135–137, followed by ₹128–130. A deeper correction can bring ₹120–122 into focus. On the upside ₹142–145 is the immediate resistance zone. A sustained breakout above this area can open the way toward ₹148–150.
Short-Term Buyers & Holders View:
For short-term buyers ₹135–137 is an important zone to monitor for price stability. A decisive move above ₹142–145 with strong volume can confirm continuation of the current bullish structure. If price fails to sustain above the resistance zone and falls below ₹135 short-term momentum may weaken toward ₹128–130. Holders can monitor ₹135 support and ₹145 resistance for the next directional confirmation.