The scrip was trading below multi-year resistance trendline. The scrip gave a breakout from the trendline forming a large bullish candle on a weekly time frame. The Stock rose nearly 4 percent in last two days hitting a new 52W high.
Bosch is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
One can 'go long', after the stock breaches the resistance level of 18968 and crosses 18987 decisively.
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The stock has crossed 18987 decisively and closed at 18994. Time to go long as advised.