For traders it is good to let the scrip move down further to Rs 480 level. This is the best way one can reduce the risk in trading. In the past operators have been seen jumping into this scrip in the in-between zone. If you do that, you end up taking considerable risk. The stochastic indicator is certainly in the oversold region. But the indicator has not triggered a buy yet.

In a market which is not sure of itself on the eve of the budget, it is better to let the scrip go down to Rs 480 or even lower before one decides to go long.