is in a strong short-term uptrend supported by a sharp rise from the ₹275–300 zone. Price is currently around ₹401 trading close to its recent high near ₹410–415. The chart shows higher highs and higher lows while the recent breakout was accompanied by strong volume indicating good buying interest. However after such a sharp move some consolidation or profit booking cannot be ruled out. Support & Resistance immediate support is around ₹390–385 followed by stronger support near ₹375–360. On the upside ₹410–415 is the immediate resistance zone. A sustained close above ₹415 with strong volume can push the stock towards ₹430–440 while ₹450 can act as the next major resistance. Short-Term Outlook: The setup remains bullish as long as the stock holds above ₹385–390. Fresh buyers can consider entry on a breakout above ₹415 or on a healthy pullback towards support. Existing holders can continue holding with a trailing stop-loss below ₹385. A decisive close below ₹375 would weaken the current bullish structure.

#EquityResearch#TechnicalViews#MacroViews#Today’sTradingSetup

1,078 likes·64 comments