Go Long above 396.3 for Target 413.45 with SL 379.1
1. On a if we draw the tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.
2. Also a pattern, (marked with an orange circle) is formed at 0.5 Fibonacci level.
3. Also there is a demand/ (marked with a blue ) around 0.5 Fibonacci level from which initially the stock was facing resistance in this zone and now this zone will act as support to the stock.
So there is a high possibility that stock will show upmove and we have placed our target just below the (marked with a red ).