The longer & shorter duration multiple moving averages have compressed.
A breakout above Rs . 1415 can trigger a long-term uptrend. A weekly close above Rs . 1415 is also important.
👉 BUY above Rs . 1415
👉 SL 1315 (around 7-7.5%). Size your position accordingly.
👉 Target - First target can be around 1750-1800 levels. The rest can be trailed.
SEBI Registered Research Analyst.