is currently in a sideways-to-mildly bearish phase. After a strong fall from the 6000+ zone the stock has been consolidating broadly between ₹3200–₹4000. The current price near ₹3600 is in the middle of this range. Support: Immediate support is around ₹3450–₹3400 where buyers have appeared multiple times. Below this, ₹3200–₹3250 is an important demand zone. The major long-term support visible on the chart is near ₹3000. Resistance: Immediate resistance is around ₹3700–₹3800. A decisive breakout and daily close above this zone can open the way toward ₹3900–₹4000. The ₹4000 area is a major supply/resistance zone and may again attract sellers. Short-Term Buyers/Holders: Buyers should avoid aggressive entries in the middle of the range. A sustained breakout above ₹3800 with strong volume can provide a better bullish confirmation, with ₹4000 as the next important level. Existing holders can continue holding while ₹3400 remains protected. A break below ₹3400 may weaken the setup and increase downside risk toward ₹3200–₹3000.

#Miscellaneous#EquityResearch#TechnicalViews#TimeToExit#WatchOutFor

617 likes·75 comments