- In June, the stock gave a Triangle breakout, suggesting that the consolidation phase is likely to resume on upside.
- Then in July, the Monthly MACD crossed over its Trigger line, suggesting more strength in the chart.
- Considering past crossovers, price should witness an up-move to at least 4400 (261.8% FR), and optimistically 6100 (423.6% FR).
- Worst case scenario for the stock is 1690.