The stock is currently showing a Cup formation on the weekly time frame. The Relative Strength Index (RSI) is finding support around 38-40 on the same time frame.
An entry point can be considered at the current levels of 260-275. If there are dips, it is advisable to accumulate shares in the 230-250 range.
First target: approximately Rs 400 Second target: in the range of Rs 450-475 Long-term target: between Rs 575-600
Stop Loss: set at Rs 200
Disclaimer: Study only for Educational Purpose. Remember: My Money, My Risk, My Reward, My Responsibility. Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.