is in a clear primary uptrend. Since Jun the price has consistently made Higher Highs and Higher Lows. The stock has moved from the ₹700–₹800 range to its current price of ₹1720.20. The latest candle shows a significant jump of +4-5% indicating strong buying interest at the current levels. The stock is approaching a psychological barrier at ₹1800. A sustained break above this could lead to further all-time highs. There is a strong support zone around ₹1400. Previously the stock consolidated here before the recent breakout. If a deep correction occurs the ₹1200 level (the peak from October/November) acts as a major floor. The stock experienced a sharp V-shaped recovery in early February. The deep dip was quickly bought up which is a sign of an Accumulation phase—where institutional investors step in to buy the dip. For Buyers it is currently at a high point. It might be safer to wait for a small pullback price drop toward ₹1600–₹1650 to enter with a better risk-reward ratio. Holders as long as the stock stays above ₹1400 the long-term trend remains intact. 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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