The stock has established strong bottom at Rs 880. In fact, the stock has managed to form a double bottom at this price. Thanks to the rising stock price, the oscillatos have also touched new highs. Volume chart has also been in favour of a bull run.

For medium-term investors as well as traders, the stock is a clear buy on every decline. For those who already holding a long position, sitting tight would be the best policy. For medium -term investors, the stop loss should be placed below Rs 880.