This scrip had corrected almost 30% from its recent high and it is now consolidating near demand zone. Also this scrip had crossed above the Monthly Pivot level just 2 days before and now it is retesting that level. There might be some bullishness in the scrip if it bounces back from the current level.
I suggest swing traders to consider this trade and hold it for a minimum period of 3 months to maximize the return.
Pivot PointsSupply and DemandSupport and Resistance

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