The stock is trading near its breakout point, placed at Rs 580. The key technical indicators are positively poised on long-term as well as medium-term timeframe charts, while its short-term indicators tested the overbought zone and may reverse.
D-Street gets a bit of momentum, don’t take it for long bounce
A recent rebound in benchmark indices has improved short-term market momentum, but it is not yet strong enough to signal a sustained bullish trend.The share