1. Clear A-B-C fall in formation. 2. Clear 5 waves fall in formation in the C wave. Referring to weekly and day chart. 3. Positive divergence in RSI ( 9 and 14 period ). MACD ( slow and fast ) 4. 62% retrace of the rise from 119 to 1263 is a 552. 5. Previous weekly consolidation zone in 609 to 487 ( expanded range ) 6. Month timeframe slow stoch in oversold zone. Last time it reached cycle low at 301 and in 2016 at end of A wave.
Structurally stock warrants a buy from CMP to 480 approx levels ( around 20% max risk ) for a 50% upside over the next 24 to 36 month time period.