The stock is in uptrend and formed a triangle at horizontal resistance. We can see good volume in the last candle showing buyers strength.Looking at the RSI we can see it has also formed a triangle and broken it.
The stock has a support level @ 123-126 range.It has formed a bullish divergence in daily time frame.It also has broken both trend line in chart and RSI.Now the price has reached @ resistance with volume but not able to close above it.If it breaks and close above 135 we can expect a 1st target of 145+. You can keep Stop loss below 124(on closing basis). And also...
Stock has been consolidating for 1 year and recently gave a good breakout with volume. Stock has now formed a triangle pattern. Watch out for coming days, can give good return.
