The stock has broken out of the pattern with very high volumes.
Looks likely to cross its 52W high soon for targets of 560 and 595.
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Weekly and Monthly MACD crossover may help to reach the target level. Indicators are showing positive signals on weekly chart. Safe traders: Buy after breakout on closing basis.
Cmp - 444
Stop - 390 on DCB
T1 - 530
T2 - Open, Review at 530
Expected Holding Period - 80 trading days or earlier for T1
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing