is showing a recovery with improving momentum on the daily chart. The stock had a prolonged downtrend from the ₹1100+ zone and formed a bottom around ₹700–720 in June. Since then it has started making higher highs and higher lows indicating a shift from bearish to recovery mode. The recent move towards ₹810–820 is positive although the stock is now approaching an important resistance zone.
Support & Resistance: Immediate support is around ₹790–780 followed by stronger support near ₹750–760. On the upside ₹820–840 is the key resistance zone. A strong daily close above ₹840 with good volume can open the way towards ₹880–900 while ₹950 is the next major resistance.
Short-Term Outlook: The structure is cautiously bullish as long as the stock holds above ₹780. Fresh buyers can look for a breakout above ₹840 with volume, or consider buying near ₹780–790 after a confirmed reversal. Existing holders can continue holding with a trailing stop-loss around ₹750. A decisive close below ₹750 would weaken the recovery structure and could bring ₹700–720 back into focus.