@shubhambirar At the end price will matter than the capacity. There is a huge impact on demand especially in the Europe.
@sagaraher9866 Can't say like that it depends on the external factors as well. yes it is a good dividend paying stock. Currently the hike in the oil prices helping the stock and technically looking strong. Today showing an up move of around 6%.
I highly doubt that this stock will come down near the accumulation zone of Rs.500-575 which is nearly 37% down from its current levels.
Nice analysis, as mentioned Nifty remained in the range of 200 points and possibly close below the levels of 16200 where highest OI was present.