Similar chart structure visible, because of which I think there are very high chances of the stock starting an up-swing from current price levels. The stock should see 1100 atleast going forward in a couple of months time.
A lot of selling pressure has been since since July end. Prices are now near its supports around 975. That level should be defended by buyers and we could first see 1010. Investors should hold to see a higher high above 1030.
Decent profit booking has been done after a good run, good positive start to the day suggesting strength coming back in the stock. Buy with a stop of 1370 for first target of 1425. Then 1500 is also a very bright possibility.