@saghOS01 – If you are asking from technical point of view alone, I believe a better entry point was Rs. 790 that the price action gave on 28-29 Mar 2023. You ask “WHY”. The answer is – this is 62% retracement of the run-up from Rs. 300 to Rs. 1600. I believe the price is now discounting multiple negatives that exist for overall IT sector. Please note, the US$ is showing bullish intent versus INR, and if that pans out, I believe many IT companies will experience temporary tailwinds for the coming quarter. So start nibbling some share every month. Don’t worry for best price point, if long term investment is your calling.
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