There is a strong Symmetrical triangle breakout above 64 levels. Buy with a target of 84.
The stock is positive on MACD after a bullish crossover. Stock took support from Ichimoku levels and is trading strong.
Sl below 60. However trade can be re entered in the stock rebounds from 60 levels
Indication of break out was initiated from yesterday's move with higher volume. Uptrend now becomes stronger with RSI breakout.
60-62 level is easily achievable.
For longer term it may touch 80-85 level easily.
No Trading Zone between 31.50 - 40
Either side break shall give us a trading opportunity. Likely, It seems that we shall have a downside move once 31.50--31.65 zone gets broken- in that case we shall be looking a zone of 27-28 & below 27 -Likely it should go in the zone 20-21 -where multi year low could be in place which possibly looks in Aug to Oct 2017 next...