recently hit a low around the ₹930 - ₹960 range and has shown a strong recovery from there. It is currently trading at ₹1086.25. This upward move suggests that buyers are becoming active again after a period of falling prices.
Strong Support the rectangular box drawn on your chart shows a Demand Zone between ₹920 and ₹970. The stock has stopped falling in this area multiple times making it a very safe zone for investors. Immediate Resistance the next big challenge for the stock is at ₹1140. If it crosses this level it could quickly head back toward its previous highs of ₹1,280+.
After a long downtrend from its peak the stock is finally forming a Higher High pattern on the short-term chart. As long as the stock stays above the ₹970 mark the outlook remains positive.