Stock is forming a descending triangle pattern on weekly chart. Descending triangle pattern is considered as bearish pattern . Once breaking the support, short positions can be initiated. In this case stock has made support at around 735/740 levels. So, one can keep this stock on watch-list and trade can be initiated, once breakdown/breakout happens. If the stock crosses and closes above the trendline, longs can be considered and vice-versa.
Stock has given breakout. Hope it makes new high in coming weeks, months.