Currently, the stock has given a 52-week high breakout with a strong bullish green candle.
The potential targets for this stock are Rs 1,494 as Target 1 (T1) and Rs 1,500 as Target 2 (T2), with a stop-loss at the Rs 11,253 price level.
The stock has delivered good performance over the past year, with returns of 9.08%, and 17.75% in the last 6 months.
The stock is experiencing good buying pressure as volumes have crossed the 50MA in its volume bars on the daily timeframe.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)