The stock is trading above 9, 20, 100 and 200-SMA averages. On the upside, Rs 550 is an immediate susceptible area; above this, we are expecting a long run-up towards Rs 600 levels. On the downside, Rs 420 is the critical level.
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.
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