On the lower end of the channel
With Banks being in oversold condition .
And with the return of FII's ,it should go up.
Blue chip stock to have in everyone's Portfolio with very long term view
For Traders .SL Below 1400 DCB
Taken support and risen multiple times before , Hopefully it shud rise again .
With commodities again rising such as graphite . I expect it to rise again
SL to be below 900 DCB .
First target would be 1130 .
Weekly Breakout chart
Been consolidating for 5 yrs
Need bit of patience if entering , As it is an Weekly Breakout.
Can Enter with the SL of 408 DCB .
Big SL so shud add less Quantity . Can add more if it retest the support and moves up again