I don't think it will be easy for it to hit the level of 1000 even in the medium term. On every 50 points move (if that at all happens), it will face selling pressure. What according to you is the time frame?
@parnamigirish, appreciate your view, but there are no good / fresh supply zone to stop the price till 870... price will halt there for some time.. after that the next quality sz with novice gap is at 960.. Regarding the timeline, no one in market can predict a proper time line. It can also happen that it starts going up 20% daily and reach 1000 in 4 days, or may be make 0.5% move and take 3 months
@StockVesters, As per me, there is a supply zone at 800 to 815 level. Moreover, people have accumulated this stock at many levels after it went below 900. Don't you think, all those people will try to exit the script whenever their level comes which will automatically lead to the supply zone. You have mentioned short-term which I think should be 4 to 6 months at max. I don't see it touching 1000 in even 6 months from now.