is currently trading around ₹499. The long-term chart shows that the stock has corrected significantly from its peak near ₹950 and formed a lower-high/lower-low structure. However after finding support around ₹430–450 the stock has shown a recovery and is now consolidating near ₹500. The recent bounce is positive but a clear trend reversal is not confirmed yet. Support & Resistance immediate support is placed around ₹480–470 followed by a stronger support zone near ₹450–430. Holding ₹470 is important for maintaining the recent recovery. On the upside ₹520–550 is the immediate resistance zone. A sustained breakout above ₹550 can strengthen the trend and open the way toward ₹600–620. Short-term view the setup is neutral to mildly bullish above ₹470. Buyers should preferably wait for a decisive breakout above ₹550 with strong volume for confirmation. A fall below ₹470 can bring selling pressure toward ₹450–430.

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