has transitioned from a downtrend in late 2024 to a strong uptrend in 2025 and 2026. Looking at the waves on chart the stock is consistently making Higher Highs and Higher Lows which is the textbook definition of a healthy uptrend.
Current momentum after a massive vertical spike in November 2025 reaching above ₹1,000 the stock entered a Cup and Handle or Bull Flag consolidation. It is currently testing its All-Time High (ATH) levels again. The Breakout Zone around May/June 2025 the stock broke out of a consolidation base near the ₹720–₹760 range. This was the launchpad for the current move.
Immediate resistance ₹1080. The stock has touched this level twice and pulled back slightly. A clean close above this on high volume would signal the next leg up. Strong support ₹920–₹940. This acted as a floor during the December–January dip. Major support ₹840. This is the long-term trend support.
Bullish scenario if it breaks and holds above ₹1080 it enters Blue Sky Territory where there is no historical resistance. This could lead to a quick move toward ₹1150+. Bearish Scenario if it fails to cross ₹1080 it might drift back to the ₹960 area to gain more strength before trying again.
Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.