The blue cloud has squeezed and has given us blue dot at the bottom of the chart. The current trend of the stock is clearly Uptrend, as represented by the green trend bar on the top. In fact it is green since April 2017. The stock has made a narrow range here. It has been trading between Rs . 2050 to Rs . 2150 since last couple of weeks. i.e a range of nearly 100 rupees. One can BUY this stock above Rs . 2150 and keep a Stop loss at around Rs . 2050.
SEBI Registered Research Analyst.