is currently going through a significant correction phase. After reaching highs near the 380–390 range in early 2024 it has been making Lower Highs and Lower Lows which is a classic sign of a downward trend. Immediate support the price is approaching a crucial support zone between ₹210 – ₹225. You can see that in early 2025 and late 2023 the stock bounced back from this area. Recently resistance to show any signs of strength the stock needs to cross and sustain above ₹280. Significant resistance remains at the ₹320 level. Current price approximately ₹238.35. Short term bearish. The trend is clearly down and there are no reversal candles like a Hammer or Bullish Engulfing visible yet. Long Term The stock is approaching a Value Zone. If you are a long-term believer in the company the ₹210–₹225 area is historically where buyers have stepped in. Wait for Stabilization Don't try to catch a falling knife. Wait for the price to stop falling and move sideways for a few days. 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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