is currently trading at 1720.10. After reaching a massive peak all-time high near 2100 in mid-2024 the stock entered a prolonged correction and consolidation phase. Since early 2025 the stock has been making higher lows which suggests that buyers are stepping in at higher price points each time. Current momentum the recent candles show a sharp recovery from the 1400–1500 zone indicating strong bullish momentum in the short term. Recently resistance 1800 – 1850. The stock has struggled to cross this zone multiple times in the last six months. A breakout above 1850 could lead to a retest of the 2000+ levels. Recently support 1400 – 1450. This area has acted as a floor. As long as the stock stays above 1400 the overall structural trend remains positive. Psychological level 2000 remains the ultimate target and hurdle for long-term investors. The stock is currently stuck in a wide range between 1400 and 1850. This is often called a base-building phase. For buyers a safe entry might be on a confirmed breakout above 1850 with high volume. For holders as long as the stock doesn't close below 1400 there is no reason to panic the higher low structure is still intact. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

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