• We highlighted signs of strength in the stock around June 2023.
  • Prices have now cleared its previous all time high of Rs.2022.
  • Volumes in this rally have been higher than average, confirming strength.
  • RSI has also cleared 70-75 Overbought zone, suggest bullish trend.
  • Next major target for the stock could be 3600+
  • Bullish outlook remains valid as long as price is above 2000.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.