We can see there has been strong consolidation since many days and stock is waiting for a breakout. RSI positive divergence indicating possible further upside but stock must close above 380-385 zone.
Above this, stock should rally for at least 425-430. So far stock is buy on dip mode as long as holding strong support near 330-325.
So hope to see strong upside towards 425-430 in comming days provided stock holds 330-325 on closing basis.
Above this, stock should rally for at least 425-430. So far stock is buy on dip mode as long as holding strong support near 330-325.
So hope to see strong upside towards 425-430 in comming days provided stock holds 330-325 on closing basis.
Trade closed: target reached:
So far high near 425 :-)