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Sell Range: Rs 910 – 900
Stop Loss: Rs 940
Targets: Rs 750/770

On a monthly time frame, the stock is trading near a repetitive supply zone. It has reacted sharply from the previous supply zone forming multiple tops above Rs 900.

The stock is garnering weakness below 900, suggesting an opportunity to create short. Current OI at 12 million shares against 10 million at the beginning of the series indicates short creation.

Analyst: Kruti Shah, Equirus

(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)


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