is showing signs of a gradual recovery after forming a base near the ₹176–180 zone. The stock has started making higher lows indicating that buyers are slowly gaining control. It is currently trading around ₹187 which is close to an important resistance area. The recent price action suggests improving momentum but a strong breakout is still required to confirm the next leg of the uptrend. The overall trend has shifted from sideways to mildly bullish. If the stock manages to sustain above the immediate resistance with good trading volume it can attract fresh buying interest.
The immediate support is placed around ₹184–185 where buyers have repeatedly entered the stock. A stronger support zone is visible near ₹180–182 and a break below this level could weaken the short-term trend. On the upside the first resistance is at ₹188–190. If the stock closes above this range with strong volume the next upside targets could be ₹194–198.
The stock remains positive with a bullish bias as long as it holds above the ₹184 support zone. Traders may look for fresh buying only after a confirmed breakout above ₹190 with strong volume. Existing investors can continue to hold with a stop-loss below ₹180 while new entries should wait for confirmation rather than chasing the current price.