Its sweet spot to buy! 53.5 is a resistance though!

If 53.5 is crossed on closing basis, the a decent move might be seen! Keep an eye!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.