is daily chart of shows a significant shift in market sentiment after a long period of bearish price action. Below is a technical breakdown of the current setup. For most of late 2025 and early 2026 the stock was in a clear downtrend characterized by lower highs and lower lows. However the price recently found strong support around the ₹84.00 – ₹86.00 zone. The latest price action shows a sharp V-shaped recovery suggesting that the selling pressure has exhausted and buyers are returning aggressively. The most striking feature of this chart is the massive volume spike on the most recent trading day. Immediate resistance the stock is currently facing a hurdle near ₹100.00 – ₹104.00. This area acted as previous support-turned-resistance. A daily close above ₹104 would confirm a bullish breakout. Major support the recent swing low at ₹82.80 is now the primary floor. If the stock pulls back it should ideally stay above the ₹92.00 level to maintain its bullish momentum. Bullish case if the price consolidates near ₹98 and then breaks ₹104 with good volume it could target the next resistance zones at ₹112 and ₹116. Avoid chasing the stock if it opens with a massive gap up. A healthy retest of the ₹94–₹96 zone would provide a better risk-to-reward entry for a long position. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

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