Downmove arrested and consolidating between 230 with a bullish trend. Short term target is 255. If it crosses 255 on closing basis, It will turn bullish.
With 5% upmove the stock has crossed an important resistance of 4/1. The next 3/1 resistance is at around 165. Watch out for 165 in next couple of days.
Short term target 60, support at around 46
One may have a target of 98 where there is resistance.
If break out happens in the positive direction, please watch out for the level of 119.80
Fresh entry can be contemplated if Sanwaria closes above 13.30
If it recoups and close above 165, bullishness will return possibly, else will drift down and see a level of 135
The bearish move may get arrested with result. Presently below the fan of influence and with positive movement entry above 18.65 is better.
If it closes below 1000, a level of 936 can be seen
The short term support of Gann Fan (4 months duration) should hold.
143 could be support today and the stock may return from this level.
There is a strong support at this level and the stock may return from here to touch 169 in near term. Support is at 145.