Technical Outlook & Trading Strategy:-
The share price has taken strong support & seems to be making a triple bottom at Rs 85- Rs 86 levels It has shown a reversal bar at this level, suggesting that the bottom is in place.
We expect the stock price to continue its upward movement and believe that it could test levels of Rs 94 / Rs 96 shortly.
We recommend a buy at current price and on pullback to the level of Rs 89- Rs 88 with stop loss placed below Rs 86.80.
