The stock has closed on weekly charts above all time high with huge intensity breakout and big volumes.
A rounding bottom formation completed in 3 years and now the breakout could take stock to new highs from here.
Banknifty took support at previous swing high of 32,500 and reversed from lows.
RSI also at support + 100 DEMA on price.
This can be a reversal. SL closing below 100 DEMA