The has bounced off the Rs 1,371 level multiple times today, which has been a critical support level. On the other hand, the Rs 1,549 level has been a strong resistance that has checked the stock’s momentum on the upside.
If the stock can stay above this level with good , it may indicate a new growth cycle. As of 11.54 am on December 20, the stock is trading at Rs. 1,600. However, a fall below the support level of Rs 1,371 might make it a reversal of the uptrend. In that case, the next support might come in at Rs 1,200.
has performed well in the last year, and the company is now one of the major contenders in the. The stock is now promising for investors seeking growth opportunities in the market, given its continued growth.
