is trading around ₹299.05 on the daily chart. The stock has recovered from the ₹270–₹280 zone and is currently consolidating near the ₹300 level. The chart shows a recovery after the decline from the ₹350–₹370 zone. Recently price has been moving sideways around ₹280–₹300 indicating consolidation after the earlier recovery. The immediate resistance is around ₹326.05 as marked on the chart. A sustained move above this level would show strength in the current price structure. The recent price action shows support around the ₹280 zone while the ₹270 area has also acted as a lower support during the recent movement. Short-term buyers can watch how price behaves around ₹300 and the marked ₹326.05 resistance. Holders can monitor the ₹280 zone as an important near-term support. A move above ₹326.05 would strengthen the price structure while weakness below ₹280 would indicate deterioration in the current setup.

#MacroViews#EquityResearch#TechnicalViews#WatchOutFor

938 likes·69 comments