The stock has been in a Uptrend since few weeks & a few weeks back it BrokeOut of a Long-term resistance with good volume and there after has been on the uptrend. This week it has reached a key resistance zone. If it can continue the momentum, the stock may BreakOut of the zone and it's next target can be the All Time High at 156. EMA's are all in PCO state which is a bullish sign.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.