0Invest means you need to mention your time frame as well your risk appetite for anyone to answer in more precise way.
Well I am more focused on technical analysis so i would like to answer from technical point of view only.
The stock is currently trading under Death cross over EOD chart which signifies the loss of momentum and a continuous downtrend in the stock, This indicator is itself enough to keep the stock in a avoid zone well now let’s see another reasons too.
As long as it’s trading under death cross the only strategy will be SELL ON RISE as you can see in this chart every sharp reversal was eroded by the bears from the top.
If you are trying to get get some 300–400 points gain then you can get it easily anytime if you will follow candlesticks and stochastic charts for short term time frame but then we don’t consider it in an investment category, The only thing am trying to clear here in this is sharp bounce back and reversals are for the trader’s and for an investor point of view it hardly matters if you time frame is more than 5–7 years.
