IOB - Ready to take off?

For a year, the stock has been trying to break out the current resistance umpteen times. Yesterday huge volumes were witnessed with a positive indication on MACD & RSI.

Buy above 29
SL - 28.35
Tgt1 - 32 ( 10 % )

Please provide your valuable feedback which would help me improve my ideas each time.

Comment:

Wanted to add that there is a hidden bullish divergence on the MACD & RSI indicators.

Trade active:

Stock rallying 8 % up!!

Trade closed: target reached