It is been observed on the Monthly Chart that the price action is trending up by making higher lows and higher highs (indicated on the chart with a long upward moving arrow). Hence it is providing a good investment opportunity at current levels. It is also fundamentally strong company and with interest rate and inflation
going down shall benefit the company's upcoming quarter returns.
I believe it shall further move up and continue the trend in coming months. Therefore, I expect the price action to cross above 1100 levels soon.
Risk Reward: 1:1
Duration: 1-2 Months.