After a long consolidation for almost 6 months , the stock has formed an triangular structure
and has given a breakout with good intensity of volume in hourly time frame, assuming wave e to be complete around 2400-2440 area ,
one can buy the stock on cmp and add on dips if any, maintain the stoploss of 2350 and look
for the target of 2626, 2793, 2929, and 3050.
Wave Structure in daily time frame Key Levels and Trendline Daily MACD Uptick and positive crossover Hourly MACD Rsi above 60 in hourly Positive ungali setup Volume is above average
Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing