The stock is in a strong up-trend. Daily RSI has come to its Oversold level, and the price is almost at the Moving Average support. Plan is to be on the side of the larger trend which is up. So the stock is expected to first go to 2550. Investors can hold the stock for a new high.
Target 1 has been met, low risk takers can book profits and enjoy. Investors can still hold the position for a new high (>2660)
Trade closed: target reached:
Stock has made a new high today, profit booking can be done now.