Woman looking stock market data on smartphone | Photo Credit: Orientfootage
The current price level coincides with a falling trendline, indicating that a rally above this point may signal a potential trend shift. Although a corrective decline to ₹2,500 is possible, expectations suggest the stock may eventually resume its upward trajectory, potentially reaching ₹2,975 before the year’s end. Entry points for buying are recommended at ₹2,532 and ₹2,500, with a stop-loss set at ₹2,380. As the stock price advances to ₹2,780 and ₹2,880, adjust the stop-loss to ₹2,680 and ₹2,780, respectively. Profit-taking is advised at ₹2,975.
(Note: These recommendations are grounded in technical analysis; trading involves risk of loss.)
