is currently trading around ₹1,165.70. Looking at the overall structure the stock has transitioned from a period of high volatility into a sideways-to-bullish consolidation phase. The long-term trend showed a significant decline from the ₹1500 levels but it has recently found a strong floor. We are seeing Higher Lows being formed since the major dip in late 2024. This suggests that buyers are stepping in earlier each time the price drops. The stock is currently squeezed between the ₹1100 support and the ₹1250 resistance. This often precedes a big move once it breaks out of this range. The price action looks a bit choppy which indicates that while there is interest there isn't a strong directional conviction from big institutional players just yet. The chart is attempting to form a Rounding Bottom or a slow recovery curve after the sharp drop seen in early 2024. For Long-term Investors the stock seems to be accumulating. As long as it stays above the ₹1080 mark the structure remains healthy for a gradual recovery. For Short-term Traders it is a Wait and Watch scenario. A clean move above ₹1200 with good volume could provide a quick scalp opportunity toward ₹1320. 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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