The company q3 results will be announced soon.
before that the company decides to buy back shares worth 9000 cr.
A normal conclusion: The company knows that the results are going to be good and then the price will appreciate and they would benefit from the buy back
But SEBI denies them for a buy back "Since the ratio of the aggregate of secured and unsecured...
The chart is moving in a narrow range and has created a triangle chart pattern.
ADX is also indicating the strength in downward direction
RSI indicating the stock is loosing it's strength in is ready to go down