- Prices have moved out of the consolidation below 800, suggesting strength.
- Weekly MACD has also turned positive.
- Weekly RSI sustaining above 40 is a sign that the up-move is intact.
- Prices are likely to resume its longer term up-move and head towards a new all time high.
- Bullish outlook remains valid as long as price sustains 790.
Trade closed: target reached:
Stock has hit a new all time! Partial (or complete) profit booking can be done here.