is daily timeframe currently emerging from a recent correction. The stock faced heavy selling pressure earlier dropping from the 6200+ highs down to the 5400 zone. However it has recently formed a solid base at those lower levels and has shown a smart recovery bounce indicating that buyers are stepping in at value zones. Strong Support the 5400 - 5450 zone is acting as a major support level. The stock has respected this area and bounced back beautifully. As long as the price sustains above this base the downside risk looks limited. Immediate Resistance the stock is currently consolidating just below a near-term resistance zone around 5750 - 5800. For current holders it is advisable to maintain your positions with a strict stop-loss placed just below the strong 5400 support zone. Fresh buyers should avoid entering right now and instead wait for a confirmed daily close above the 5800 resistance level for a safer entry. If the stock successfully breaks and sustains above this 5800 mark a swift upward move toward the 6000 to 6100 zone is highly likely in the short term. 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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