Technical analysis- 1. Stock is making higher high and higher top formation for the first time after a continuous downfall since 2018. 2. Stock is forming a series of rounding bottom patterns supported by volume action. 3. Stock is bullish and any dip is a buying opportunity. 4. Technically all is well above bottom of last 3 rounding bottoms, which is 120.
Trade set up - Go long at CMP and add more on declines. Targets are - 182, 213 and 258 Sl is below 120 on closing basis