is currently trading around ₹193 and has shown a strong recovery from its recent lows near ₹165. After the sharp up move in May the stock entered a healthy consolidation phase and is now trading in a narrow range around ₹190–195. This indicates that buyers are absorbing selling pressure and the stock is attempting to build a fresh base. The overall short-term structure has improved as the stock continues to make higher lows. However it is still trading below its recent swing high so a decisive breakout is required to confirm the next leg of the uptrend. Support Immediate support is placed around ₹186–188 followed by a stronger support near ₹178–180. Holding these levels will keep the positive structure intact. Resistance the first resistance is around ₹195–198. A sustained breakout above this zone can push the stock towards ₹205–215 in the short to medium term. Short-Term View the stock is consolidating after a strong recovery which is generally a healthy sign. Traders can keep it on their watchlist for a breakout above ₹198 with rising volumes. Existing holders may continue holding while the stock remains above ₹186 whereas fresh buying is preferable only after a confirmed breakout.

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