Daily chart shows reversal from long term support zone with closing of subsequent days on heavy volume above the downward trendling. It is indicating heavy buying pressure resulting in the reversal of the downtrend.
target - 103.50
stop loss - 94.5
Daily chart shows reversal of downtrend, with second trough within 3% limit of the first trough. Increase in volume on moving from both the troughs and breaking of resistance confirms the pattern.
target - 1048
stop loss - 889