reached a significant peak near the 1480–1500 level in mid-2025. Since then it has been characterized by a Lower High and Lower Low formation which is a classic signal of a primary downtrend. The price is currently trading well below its previous major swing highs indicating that sellers are in control of the medium-term momentum. Immediate support the stock is currently hovering around a crucial support zone between 940 and 960. It recently dipped toward the 900 mark before showing a minor recovery. This area is vital if it fails to hold the next major historical support sits near 840–850. Immediate resistance on any rebound the stock will face significant resistance at 1080 and 1150. These levels previously acted as floors support and are now likely to act as resistance due to the change in polarity. Consolidation at bottom for the past few weeks March–April 2026 the price has started to move sideways. This sideways base building is a positive sign that the aggressive selling pressure might be exhausting. For buyers avoid catching a falling knife. A safe entry would only emerge if the stock stabilizes above 1040 with strong volume. For holders the 900 level is a critical psychological and technical stop-loss. A daily close below this could lead to further sharp declines. 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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