The last descending angle from the ATH is proving to be a strong barrier for the scrip. It has bounced and came back below this line at least four times. Now the angle has descended enough to 140, which if crossed and the stock remains bullish, we may see a level of at least 190 in intermediate term.
Broke the last of the resistance at 145.30, yesterday it attempted to cross the barrier, remained a tad low and today with the down move has gone away from the resistance. Immediate bullishness may take it above 145.30, if it fails to do so, it will find the low at a paltry 85.45
There is an immediate resistance at 1048 which is a very strong resistance line. One hopes that in the current bullish sentiment prevailing witth the stock it is able to close above 1050 and remains bullish for a couple of days.