-Small bullish wedge formation. -Stock price near key support. -Rs.1000 mark is also a key psychological support that is holding up well. -Slight divergence on RSI. -Divergence on Stochastic. -MACD at historic oversold levels suggests that the stock might be oversold. -Divergence on MFI from oversold territory. -Stock has a good history of bouncing whenever MFI was indicating oversold along with divergence.