There seems to be W bullish breakout with high volume. There seems to be a breakout in RSI as well. RSI above 70 indicates bullish momentum. However, RSI indicates overbought so there might be a consolidation.
Agreed with the analysis. Where would you enter and with what SL? Also on monthly chart, there seems to be resistance at 440. Agree?
kalyanganguly
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@Mavenvest, i have already entered around 439₹. SL is 419₹. Agreed there is a monthly resistance at 440₹ however, based on the buying volume, I am expecting price to break 440 level.