This instrument has been bearish from long time. When going through the price action of the NAZARA it looks clearly it has broken the upper trend line and it is back for testing the buyers support at trend line. If it gets support of buyers at the trend line it might give a great opportunity to invest for short to medium term. The Relative strength is showing the divergence in the mood of sellers too.
Please do your own analysis before trading/investing, this is not a trading/investment advice but a Possibility only.