This stock is in down trend since September 2023 after touching its life time peak of 100
as on 9-May-2024, the stock is trading @ 76.5 and in over-sold region . Immediate supports are seen @ 75 if this level is breached then the stock goes to 70.9 and 64.2 levels in near short term
I strongly feel that the stock will take a reverse trend from 75 levels and reach to immediate resistance of 82.65 and next targets are 86.15, 89.8 and 92.85
accumulation zone above 75 and time period expected 4-6 months to reach the targets
as on 9-May-2024, the stock is trading @ 76.5 and in over-sold region . Immediate supports are seen @ 75 if this level is breached then the stock goes to 70.9 and 64.2 levels in near short term
I strongly feel that the stock will take a reverse trend from 75 levels and reach to immediate resistance of 82.65 and next targets are 86.15, 89.8 and 92.85
accumulation zone above 75 and time period expected 4-6 months to reach the targets