After a long correction the stock took the support near Rs 3850 and reversed sharply, on last thursday the stock rallied over 5%. Despite tepid market condition, the stock held the positive momentum throughout the day.
Technically, the medium term texture of the stock is still in to the bearish side. however, above Rs. 4000 the pullback formation is likely to continue.
Disclaimer:- I am holding this stock since from down level to long term. by the way it is very behatreen stock for long term.
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