Vishal Mega Mart stock nears ₹95-100 support zone, analyst sees ₹120 recovery potential
Shares have fallen from a ₹152 peak to a key ₹95-100 support range. A market analyst sees scope for a short-term move toward ₹120 over two to three months, with a ₹90 stop-loss, while cautioning that this would not confirm a long-term trend reversal.
What happened
Vishal Mega Mart shares, down from a ₹152 peak, are near the ₹95-100 support zone. An analyst expects a short-term recovery rally toward ₹120, advises a strict
Key facts
- ₹152
- ₹95-100
- ₹120
- ₹90
- 2-3 months
Why this matters
The signal is market-technical rather than strategic, providing no new indication of acquisition, partnership, or competitive-positioning activity.