Stock has confirmed it's inverse head and shoulders breakout on weekly charts over the levels of previous close, it looks ready for a big upside move from here as tyre stocks are still in traction. A long position is recommended with the mentioned stop-loss for the mentioned targets.
Stock has struggled to sustain over the levels of 120, once it gives a comfortable closing above these levels then stock can surge to really big levels from here. Keep an aye on its movement. Positions can be made above 122 with the stop-loss and targets mentioned on the charts.
