Current context
Price: ~ ₹ 52.82 as of 24 Oct 2025.
52-week range: ~ ₹ 39.60 (low) to ₹ 102.50 (high).
Fundamentals are weak: large losses, negative ROE/ROCE.
On the upside there is some sentiment (new product launches, PLI certification) but also heavy risk.
Technical levels for next 1 week
Using a short time-frame lens (1-week horizon), here are key levels to watch:
Support levels
~ ₹ 50.00: A round psychological level and near recent consolidation zone.
~ ₹ 46.00-₹ 47.00: A lower support zone given prior trading around ₹39-₹ 45 band and visible in 20-day EMA region.
If strong weakness: ~ ₹ 42.00-₹ 43.00 might act as next floor given the 52-week low at ~39.60.
Resistance levels
Immediate resistance: ~ ₹ 55.00-₹ 58.00 zone. Some sources flagged ₹ 55-58 as a barrier.
If breakout: ~ ₹ 62.00-₹ 65.00 is the next target band in near term.
Price: ~ ₹ 52.82 as of 24 Oct 2025.
52-week range: ~ ₹ 39.60 (low) to ₹ 102.50 (high).
Fundamentals are weak: large losses, negative ROE/ROCE.
On the upside there is some sentiment (new product launches, PLI certification) but also heavy risk.
Technical levels for next 1 week
Using a short time-frame lens (1-week horizon), here are key levels to watch:
Support levels
~ ₹ 50.00: A round psychological level and near recent consolidation zone.
~ ₹ 46.00-₹ 47.00: A lower support zone given prior trading around ₹39-₹ 45 band and visible in 20-day EMA region.
If strong weakness: ~ ₹ 42.00-₹ 43.00 might act as next floor given the 52-week low at ~39.60.
Resistance levels
Immediate resistance: ~ ₹ 55.00-₹ 58.00 zone. Some sources flagged ₹ 55-58 as a barrier.
If breakout: ~ ₹ 62.00-₹ 65.00 is the next target band in near term.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.