is daily chart has undergone a significant correction after reaching its peak highs above 6800. It has been in a prolonged downtrend for several months. However the stock has recently found a bottom around the 3600–3800 zone and is currently showing signs of a short-term recovery trading near 4335. Immediate resistance the stock will likely face selling pressure around the 4600 to 4700 levels. This was a previous support area that broke down and it will now act as a ceiling. Strong support the recent swing low in the 3800 to 3900 range serves as a very strong immediate support base. A deeper psychological support rests at 3500. Bullish Confirmation A decisive breakout and daily close above the 4700 resistance level with strong volume would confirm a stronger reversal opening the door toward the 5000 to 5200 range. Existing holders can hold their positions as the stock is currently showing positive recovery momentum with good volume. However it is crucial to maintain a strict stop-loss around the 3800–3900 zone to protect your capital. 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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