The stock has been in a major downtrend from the Aug. 24 high of Rs.312.80. The price action since May 25 indicates that a short-term uptrend is underway.
The buyers seem keen to accumulate the stock around the Rs.148-level. The chart patterns last week suggest that the buyers may now be keen to buy at Rs.154 levels.
Long positions may be considered with a stop loss at Rs.152, for a target of Rs.194.