Strong weekly breakout happened, wait for the closing, which should be also above the falling wedge pattern, if the stocks opens and closes above 1455 next week first day concentrate until it reaches next higher price engaging area.
Sun TV weekly breakout observed on 3rd week of August and again it continues this week (i.e., 4th Week) with a strong bullish rally, if it closes above 515 in this week and sustains above 515 next week, sure it it will reach 540 in another 1 or 2 weeks.
We can observe strong breakout on the daily chart today, if the market opens above 1842 tomorrow (i.e., 17th AUG) and sustains above this level. We can concentrate on this stock until it reaches all time high (possibly by 17th AUG) and if the stock sustains above all time high i.e., 1933 hold it until it momentum slows down.
