Impulse move after a long timeThe price hit both horizontal resistance and falling trendline resistance in a clean 5-wave move.
Is it start of (3) rd wave - we will see.
In the short term, any dip through the anticipated path could present a good RR entry (near 1140-1160), as it will also complete right shoulder of the Inv H&S.
Looks like IPL fever is here to stay for the scrip.
Lets see how this develops.
