Bullish
1. The scrip has come out of the influence of the Gann descending Fan shadow formed due to the top made on 19th Oct 2021 at 5145 by end of July 2023 and is now free from its bearish influence
2. Golden cross over (200 SMA X 50 SMA) happened in early March '23 at price band of 3200 would have been a vantage entry point. True to its promise it has already made a 25% jump from the cross over level.
3. Bottom formed at 1500 level in Mid March 2020 still holds good and now it is about to tread above 1/2 Gann line which if sustained, may surpass previous high of 5150, possibly by the end 2024.
2. Golden cross over (200 SMA X 50 SMA) happened in early March '23 at price band of 3200 would have been a vantage entry point. True to its promise it has already made a 25% jump from the cross over level.
3. Bottom formed at 1500 level in Mid March 2020 still holds good and now it is about to tread above 1/2 Gann line which if sustained, may surpass previous high of 5150, possibly by the end 2024.
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