• The stock has witnessed almost a 50% drawdown from its all time high, similar to its past major correction.
  • The Weekly RSI has also come its Oversold level.
  • Price is consolidating near its Key support level around 2000.
  • A breakout above the down-sloping trendline resistance would confirm strength in the stock.
  • However, break of 2000 would keep on-going downtrend intact.
Chart PatternsHarmonic PatternsTrend Analysis

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