The price rebounded strongly from the support zone with a high volume and rallied to change the market structure. This strong momentum increased the RSI to the 70-ish level. The price may now consolidate a bit to cool off the RSI, before giving the second leg upwards. This seems like a good time to accumulate.
The targets which I am looking at: Target 1: 3178 Target 2: 3307
Always use an appropriate Risk-Reward ratio as per your strategy.
P.S:This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.