The stock has constructed Flag on Daily as well as for 15 min TF giving opportunity for Intraday as well as positional trade. Fib Reatracement for downside wave is almost reatraced by more than 61.8 % showing potential upside.
Flag formation as well as Inverse Head and Shoulder. Trend maintaining recent support and is in uptrend.
a good R:R trade possible if breakout given upside.
Looks like bull run is tracing according to Fibonacci series and is crossing resistance. R:R ==> 1:3
Overall the trend looking bullish through structures. on Addition, flag pattern formation along Bullish Engulfing pattern formed showing strength. Risk reward ration also good.
bearish engulfing pattern observed at resistance.
inverse HnS possible. breakout may lead to higher levels. Recent swing low can be taken as SL.