The stock is testing it's strong support/resistance zone.
This is the same point where 200 ema and 2.5 year old trendline is placed.
On weekly chart stock has made a higher swing low as well.
Once it breaks and sustains all these levels a bull run can follow.
This is not a BUY/SELL recommendation.
This idea is for educational purpose only.
Learn & Earn,
Dr. Tanya Kumar