Possible break in medium term horizon
Entry after breakout should be done and target of 135 can be reached.
As we can also see the 200ema is also visible at the neck line of cup and handle and the confluence breakout is the high probability trade setup.
Time horizon is 4-6 months
The stock is in uptrend there can be a possible breakout of this cup and handle and target of 2850 can be achieved as a positional trade which can take some weeks or months.
Good sl can be below 200 ema in daily time frame which is at 1541.