is trading around ₹4061 on the daily chart and is showing a strong bullish structure. After recovering from the ₹2500 zone, the stock has consistently formed higher highs and higher lows. It has now returned near its previous swing high around ₹4100 indicating that buyers remain in control. The medium-term trend is clearly bullish while the short-term trend remains positive as the stock continues trading above recent support zones. Price is currently testing a major resistance area and a successful breakout could strengthen the ongoing uptrend. Immediate support is around ₹3900–3950 where recent buying has emerged. The next important support is ₹3700–3750 followed by a stronger support zone near ₹3400. The key resistance is around ₹4100–4150 which matches the previous swing high. A strong daily close above ₹4150 with healthy volume can open the way towards ₹4300–4400. Short-Term Buyers & Holders: Fresh buyers should wait for a confirmed breakout above ₹4150 or a healthy pullback towards ₹3900–3950 with a bullish reversal. Existing holders can continue holding while the stock remains above ₹3900. A decisive close below ₹3700 would weaken the current bullish structure.

#TechnicalViews#EquityResearch#MacroViews#WatchOutFor#Today’sTradingSetup

752 likes·56 comments