As of 15th September,2023 the stock is currently at Rs 94.55 - Rs 95 levels with potential breakout possibilities due to macroeconomics and other reasons.
The stock seems to be in buy zone around the price range 95 to 100,102.
With a strong resistance around the price of 85 - 86 levels which can be considered as an avg down opportunity.
Also, another...
We would be tracking Monthly NIFTY Chart to find opportunities for
Bulk Buying/Lumpsum/Additional Purchase in Mutual Funds for High Returns using RSI Technical Indicator
So in short the stratergy is to bulk buy or put more money in the mutual fund when the RSI goes below 10 or when the RSI is around 10 11. Basically if the previous month's RSI is below 10...