1.Indicators are showing bullish signals.
2.Double bottom pattern formed and breakout done.
3.Weekly MACD crossover may happen on upcoming weeks(If weekly closing above 116,it may go further upside)
Scrip has shown some good buying bias in the last trading session, so the volume buzzer is giving strength to buy the stock at the current levels but still when it is reaching at higher level some profit booking is seen, so in order to curtail down the confusion lets check some levels and trade accordingly.
GO LONG @ 119.50 with a target of 121.50 ...