- We highlighted the stock during April 2023, when it was forming base around its previous lows of 240.
- The upside momentum since the base formation is likely to continue since the stock is showing strength by clearing its down-sloping trendline and thus negating the lower top formation.
- Volumes continue to remain higher than average.
- Price is now likely to test its prior all time highs around 455-490.
- Bullish outlook remains valid as long as price is above 340.
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