The stock appears to be in an accumulation zone. The price is currently at a trend line support and this could be a good price point to start accumulating.
25% of the allocated capital in this first tranche.
The second tranche of 25% of the allocated capital can be accumulated when the stock price breaks out from the resistance zone, at the price range of around Rs 1,615
The final chunk at retest of the break out zone.
As always there will be stop loss of max 8%.
Disclaimer: I am not a SEBI registered investment advisor. This is not a buy or sell recommendation, but an analysis of the stock based on my understanding. The discussion is only for educational purpose. The stocks discussed here will be shariah compliant unless otherwise stated.