Short term up move up to 1538 can be seen. The medium term also looks good and the target is 1760. Stop loss 1130.
Stop loss 251 target 376 in medium term.
The stock if remains bullish, we may see 8700 in this run up.
In this run up there is a resistance at 381.50. Hope it gets broken next week for further up move. Support at 244.
Intermediate channel resistance at 805-810, which if crossed, may take the stock to 1050 in medium term.
In the shrot term a level of 805 can be seen. Any bearishness can find a support at 625
The stock has crossed 1/1 resistance with a big push on the back of a stellar quarterly result. If bullishness sustains, a level of 220 can be seen in short/ medium term.
It is above 1/1 angle support and the support for the coming week is between 3815-3825, which coul be good entry point. The 1/2 angle resistance is far away at 6095.
In the 47 week chart the stock shows a low point of 1030 in the next week while the upside is beyond the reach of serial UC's at 1800. Fresh entry can be taken if the stock revisits any level in the vicinity of 1025-1035
The stock has to close above 82.50 to remain above 3/1 ascending 60 day line.
If tomorrow closes in green entry for short term gain up to 248. If the stock closes above 248 in 10 days, entry can be initiated for medium term target of 300+
Unless it immediately goes back to 98.50, the stock is likely to revisit 72.
Having crossed resistance on closing basis, has turned bullish. Stop loss 450. Target 730, medium term
The stock just crossed a confluence point of 1/1 descending line and 4/1 ascending line. Entry can be initiated with a long term perspective.
With 5% LC closure, the stock is standing just above 1/4 support angle and if it runs bullish is likely to return for further up move from tomorrow. Medium term target 1225 holds.