Technical reasons
1. price above shorter ,medium and long term EMAs
2. 18>50>100>200 day EMA suggesting bullish momentum
3.MACD above signal and zero line (12-26) while 50-100 is above signal line (but below zero)
4.price restesting the horizontal trendline (IPO level),18 day EMA
5.Inside bar formation in weekly charts above 18 day EMA
6.aymmetrical traingle BO
target and SL marked
1. price above shorter ,medium and long term EMAs
2. 18>50>100>200 day EMA suggesting bullish momentum
3.MACD above signal and zero line (12-26) while 50-100 is above signal line (but below zero)
4.price restesting the horizontal trendline (IPO level),18 day EMA
5.Inside bar formation in weekly charts above 18 day EMA
6.aymmetrical traingle BO
target and SL marked