The stock is discounted at 17% from all time high levels.
Daily Chart: 1. Formation of Inverted Head and Shoulders Pattern 2. Positive Crossover of 5, 13 Days Exponential Moving Average 3.Target 1 would be Length of shoulder i.e 520 levels 4. Target 2 would be Length of Head i.e all time High levels i.e 580 levels
Addl Points: 1. FII/FPI have increased holdings from 17.38% to 17.39% in Dec 2021 qtr. 2. Mutual Funds have decreased holdings from 18.74% to 18.30% in Dec 2021 qtr
Note: The above analysis is just for educational purpose.