the RSI is moving uptrend and has made a cup and handle pattern. If it opens above 1785 on 27 Feb, it should continue to rise till 1850 in near future. It might be a good idea to wait for minor correction till 1740 but it looks difficult with increasing volume.
Stoploss 1740
Target 1( 3-5 trading days)- 1843
Target 2(if it closes above 1850 hold for 1910+
Target 3- if it closes above 1950+, hold for ATH
Stoploss 1740
Target 1( 3-5 trading days)- 1843
Target 2(if it closes above 1850 hold for 1910+
Target 3- if it closes above 1950+, hold for ATH
Note
this chart still holds good. Stoploss has been triggered, but a re-entry can be done as the setup is intact..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.