is currently navigating a volatile phase characterized by a series of lower highs over the last few months suggesting that sellers are active whenever the price tries to bounce.
The stock is trading at ₹866.55. Looking at the recent candles it is struggling to sustain momentum. After a sharp drop in early 2026 it found temporary support near the ₹800–₹820 zone. Immediate support around ₹800–₹820. If the stock breaks below this we could see a further slide toward the ₹760 level the lows seen in early 2025. Immediate resistance the ₹920–₹940 zone. The stock has faced rejection here recently. A daily close above this level is needed to show strength. Major resistance ₹1000. This is a psychological barrier and a previous lower high point.
The overall trend since late 2025 has been bearish to sideways. The price is currently trading below its previous peaks ₹1,100+ indicating that the bulls are currently on the defensive. Currently this can be viewed as a seasonal or tactical play. If the stock manages a daily close above ₹880 supported by strong volumes it presents an opportunity for aggressive/risky players to enter for a short-term bounce.
Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.