has shown a massive character shift. After a prolonged downtrend from the highs of roughly 620 in mid-2025 down to the 390-400 zone by early 2026 it has formed a strong recovery base. Recently it has broken out of its consolidation phase with aggressive upward momentum forming a clear series of higher highs and higher lows since February.
Immediate Resistance the stock is now approaching previous supply zones. The next immediate hurdle is likely around the 560 to 580 area. If it clears that the psychological 600 mark and the previous swing high near 620 become the targets. Support Zones if there is a pullback or profit booking immediate support rests around the 500 to 510 level which acted as a recent base before this latest leg up. A deeper structural support lies in the 460 to 480 zone.
Short-Term Buyers avoid chasing the current vertical rally wait for a slight pullback near the ₹510-₹520 zone for a safer entry. Buyer Risk Management keep a strict stop-loss below ₹480 and aim for short-term targets around the ₹580-₹600 levels. Current Holders hold your positions and ride this strong, high-volume bullish momentum. Holder Strategy shift your trailing stop-loss up to ₹500 to protect your capital and consider booking partial profits as the price nears ₹600.
Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.