1 DAY TIMEFRAME (Important Levels)

Resistance (Sell Zones)
1,320 – 1,350 → Strong rejection zone
1,400 → Major breakout level

Support (Buy Zones)
1,240 – 1,260 → Immediate support
1,200 → Strong demand zone (break = bearish)
📉 Price Behavior (What Chart Is Saying)
Lower highs forming → Weak trend
Trading below major EMAs → Bearish bias
No strong volume breakout yet → Wait for confirmation

Intraday Strategy (Simple)

👉 BUY only if:

Breakout above 1,320 with volume
Target: 1,350 – 1,380
SL: 1,285

👉 SELL if:

Break below 1,240
Target: 1,210 – 1,180
SL: 1,270


Overall Market View (Simple Language)
Stock is fundamentally strong, but price is weak / sideways to bearish short-term
Recently stock has been slipping despite good earnings growth
Reason:
👉 High valuation (expensive stock)
👉 Profit pressure due to high costs & slow growth sentiment