200EMA : here 200Ema is above the price so we will initiate buying position. Trend of the stock is up.
Price Action and Breakout strategy : we can draw a parallel channel to catch up Buying and selling pressure In particular range. Price is acting as strong Resistance . price has Made high selling Points and given Excess or Reversal point , these fake breakout was actually Buying Opportunity. price Got Throw out by sellers, after it price has taken support by breaking previous resistance Price had made a Move (flag Pattern ) which I shown bellow : price has taken two test at resistance and 2 test at support but with 3rd support price had broken resistance line. now check the current price we are getting same move ! If price breaks resistance we can get one more ! as per Breakout Strategy we can initiate out buying position after breakout
Ichi Moku analysis : Cloud : price is above the cloud. we got bullish cross over above the cloud so we will liable as strong buying signal.
chikou Line : Chikou is above the cloud Chikou is above the Tankan Sen Chikou is free and above the price, these all are giving Bullish view
K/T : Tenkan sen is above the kijun with strong bullish cross over . after cross over price has started impulsive move with Trend. price has taken 2 support and 2 resistance. now price is facing 3rd resistance. If we have to enter in trend so we must wait for support Breaking opportunity. ichimoku is giving buying signal !
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Buying was above 1405 price had made high at 1465 most people has taken profit of 65 points. if price will Break 1465 then we can get big bullish move ! or sell-side opportunity will take place.