Note: This is for educational purpose only.
There seems to be an ascending triangle breakout with good (not high) volume. RSI shows overbought, hence, the price might re-test the resistance turned support line. Can buy on dips till 1400.
MCX seems to have completed its consolidation in the lower time frame and is probably heading higher to retest the recent highs, mentioned in the chart. My view is that this is just a short term trade probably a few days and not for investing, yet . Risk/ reward from current levels to target seems to be good.