is currently showing a sideways to mildly bearish structure on the daily chart. After making a high near ₹4000–4100 the stock entered a corrective phase and formed lower highs. Recently it has been consolidating around the ₹2900–3100 zone, indicating a balance between buyers and sellers.
Support & Resistance: Immediate support is around ₹2850–2800, while stronger support lies near ₹2700. On the upside ₹3050–3150 is the immediate resistance zone followed by ₹3300–3400. A sustained close above ₹3150 with strong volume can improve the short-term setup.
Short-Term Outlook: The stock is currently range-bound so fresh buying should preferably be considered near support or after a confirmed breakout above ₹3150. Existing holders can continue holding with a trailing stop-loss around ₹2800. A decisive break below ₹2800 can increase downside pressure toward ₹2700.