It's one of the stock which have been in a news main is in hotel business major part in RAJASTHAN AND JAIPUR where people go for destination wedding you can expect stock to move from consolidated breakout above 117.95 and expect target of 124.65 and 126
Finally breakout wait for retest and consolidate and you can look for long term Target
Indian markets are on all time high but the stock holding major weightage is below it's ALL TIME HIGH. What does this indicates?? . YOU CAN ALSO WATCH ( RELIANCE,ICICI BANK, ITC ETC.)
Okay so as you can see the break of 3569 level is important to reach the level 4000 and if it breaks out of 4000 you can see levels of 4600 for long term ( +points election are on the way so construction gonna take place)
As per my knowledge I did price action and it came out that it is trend reversal major resistance is 1st resistance of 456 and if it breaks and retest you can see levels of 494- 500 Below side you have support of 200 moving average the line in red that is 429 and if it breaks the below target is 411