The technical setup suggests that the stock may see some more selling pressure; hence, short-term traders can look at selling the stock now for a target of Rs 520, suggest experts.
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.
As all major companies have already announced their Q4 results, brokerage firm Motilal Oswal has upgraded and downgraded the estimated FY24 earnings of several stocks.
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