is currently trading around ₹269.50. The stock has been in a corrective phase after hitting a peak near ₹320 in early 2026. After dropping to a low near ₹250 in late March the stock has formed a Higher Low and is attempting to bounce back. The current green candles suggest a shift in short-term momentum from bearish to cautiously bullish.
Immediate support the ₹245–₹250 zone is acting as a strong floor. This is where the recent sell-off stopped and buyers stepped back in. Immediate resistance the ₹285 level is the first major hurdle. The stock struggled here previously in late 2025 and early 2026. Major resistance the psychological and technical peak of ₹310–₹320 remains the ultimate target for a full trend reversal.
The stock is currently consolidating within a broad range of ₹250 to ₹285. For Bulls A decisive close above ₹285 with high volume could trigger a rally back toward the ₹310+ levels. For Bears If the price fails to hold the ₹245 level the stock could enter a deeper correction toward ₹230.
Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.