And surprisingly the support it has taken seems valid on both monthly and weekly chart. And the accumulation of shares by the Fund houses in the recent quarters are as follows:
SEP '19 JUN '19 MAR '19
58,398,713 88,958,141 51,277,096
(Just take a look at the accumulation phase by the DII'S)
Currently it has given a break out from its recent resistance. And hope it will now move towards its long term resistance. This could be good level to buy for some action in the recent future. However this is a weekly chart and patience with the investment is strictly needed.