The stock is discounted at 17% from all time high levels.
Daily Chart: 1. Respecting its falling trendline 2. Forming RSI Bearish Divergence (Stock is forming HH and RSI is forming LL) 3. Formed Doji and Shooting Star (bearish candles) on trendline
Addl Points: 1. FII/FPI have decreased holdings from 13.76% to 12.75% in Mar 2022 qtr 2. Mutual Funds have increased holdings from 8.85% to 9.23% in Mar 2022 qtr.
Notes: The above analysis is just for educational purpose.