Buy Zone: ₹1100-₹1115 Target 1: ₹1200 Target 2: - Stop Loss: ₹963 Time Frame: 1 Month Rationale: Support Bounce: The stock recently corrected to its support level of ₹993 before bouncing back, indicating a potential continuation of the upward trend.
Consolidation Breakout: A breakout from a consolidation phase on the hourly time frame suggests the stock has a strong base for further gains.
Recommendation: Buy within the ₹1100-₹1115 range, targeting ₹1200 with a stop loss at ₹963. The trade is anticipated to play out over approximately 1 month.