Price has given a strong breakout from the triangle pattern with a strong marubozu candle and with huge volume, from near the support area. Price has even broken 50 ema. MACD and stochastic RSI too are giving buy signals.
Falling wedge pattern / triangle pattern has been broken with a strong volume, price has taken support on previous resistance and support and has bounced on 200 ema, price has even broken 50 ema, macd and stochastic RSI have signaled buy.
After an implusive move the stock has pulled back and is taking a support at fibonacci retracement level of 38.20% and 50ema, and stochasticRSI is crossing over. A break above the descending trendline will be a good buy opportunity for swing trade.
Descending trendline breakout, strong support, stochasticRSI divergence, macd crossover, raising volume, Q4 result is good and since it fell nearly 20% from its highs in last 2 months its a good time to buy.
A falling wedge pattern is being formed with stochasticrsi divergence and macd crossover, volume is above average, a break above 83650 will be a good buy signal and if it breaks above 90300 it can be held for a further target of 96700.