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Video Credit: Businessline
It is now stuck within ₹840 and ₹930. Prior to that, it saw a sharp uptrend, which began in January on the back of the support at ₹575. So, the broader trend remains positive despite the recent sideways crawl.
We expect the stock to begin the next leg of uptrend anytime soon. Once it begins, the price is likely to see a rise to ₹1,200. Therefore, participants can buy the stock now at ₹896 and accumulate at ₹850. Place initial stop-loss at ₹800. When price touches ₹1,000 and ₹1,100, move the stop-loss up to ₹900 and ₹1,040 respectively. Book profits at ₹1,200.
Note: The recommendations are based on technical analysis. There is a risk of loss in trading
Published on March 19, 2026
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