CRISIL has made a pullback to 0.236 fib levels, matching the price action support levels at 1900.
The has made an breakout, the price may follow it ( once the declining trendline is broken).
The price is at the upward sloping trendline.
Aggressive trade is to go Long at current levels. Conservative trade is to wait for a breakout with on the declining trendline.
SL level at 1775
Target levels @ 2110 / 2300.
Other interesting thing to watch is the volumes on the down days. The decline from the top has see 5 above avg distribution days, making one to proceed with caution if one has to trade long.
on 15M TF - The price broke out of 1930 levels, which was acting as resistance for last 10 - 12 days.