is currently trading at ₹1546.90 showing a recent recovery phase. Looking at the long-term structure. The stock hit a major high near ₹1900 in late 2024 before undergoing a significant correction.
The Consolidation for most of late 2025 and early 2026 the stock has been forming a Base or a sideways range between ₹1200 and ₹1500. Recent momentum the price has recently broken above the ₹1500 resistance level with a strong green candle indicating that buyers are returning.
Resistance ₹1600 – ₹1650. This is the next hurdle. If it stays above this the path toward ₹1800 opens up. Strong support ₹1450. This was a previous resistance that should now act as a support.₹1,200 this is the must-hold level to keep the long-term bullish structure intact.
For short-term traders Watch for a daily close above ₹1550. This could lead to a quick move toward ₹1650. Long-term investors the structure is improving. As long as the stock holds above ₹1400 on a weekly basis the long-term uptrend remains valid.
Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.