is currently trading around the 2665 level. After taking a sharp fall and hitting a bottom near 2200 in April the stock made a solid recovery. Right now it is resting in a consolidation phase meaning it is moving sideways in a range rather than showing a clear upward or downward trend.
Immediate Support the immediate floor is around 2600. The price has respected and bounced from this area recently. Major Support if the stock breaks below 2600 the next strong safety net to watch is near 2400. Immediate Resistance the stock is facing a tough hurdle between 2800 and 2850. It has tried to cross this recently but faced rejection. Major Resistance if it successfully breaks out above 2850 with strong volume it will likely attempt to reach the previous highs of 2900 and above.
For short-term buyers the stock is currently in a wait-and-watch zone, where fresh entries are best taken only after a clear breakout above 2850 or a strong reversal from the 2600 support level. For long-term holders, there is no reason to panic as the stock is consolidating healthily after a strong recovery from its April lows. Major support remains solid at 2400 and as long as the price holds above 2600 the overall structure stays stable. A decisive move past 2850 will likely trigger the next big rally toward 2900 and beyond.