On the daily chart, the stock has witnessed a “Consolidation Range” breakout around 2900 levels indicating resumption of earlier up move
The stock is well placed above its 20, 50 and 100 day SMA’s which reconfirm bullish sentiments Rising volumes at breakout zone signals increased participation
The stock is in up trend forming a series of higher tops and bottoms
The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum.
The above analysis indicate an upside of 3080-3150 levels Time period is 3 to 4 weeks.
The stock is well placed above its 20, 50 and 100 day SMA’s which reconfirm bullish sentiments Rising volumes at breakout zone signals increased participation
The stock is in up trend forming a series of higher tops and bottoms
The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum.
The above analysis indicate an upside of 3080-3150 levels Time period is 3 to 4 weeks.