The stock price has dropped around 40% in the last six months. Now coming at the multiple support levels as shown on the chart. If it gives a reversal from the support levels, it may go into a bullish phase again. It may reverse from 1550 or 1470 levels. One should wait for the reversal signs according to their setups. Possible targets may be 1685/1770/1930+ The setup fails if the price sustains below 1440. Better to keep the position size following risk management or exercise hedging. This is only for learning and sharing purposes, not a buy or sell recommendation. Please do your research before taking any trade. All the best.
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