• In January 2024, the stock cleared its previous all time high, suggesting continuation of the up-move since low of 3361.
  • Prices have currently retraced back to the breakout level.
  • The corrections in the ongoing up-move have found support at the 50% FR level, which is at 5800.
  • Hence, the stock is expected to find support around current levels, and continue its ongoing up-move.

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.