Stock took support at Fibonacci 50% level in month of November. If stock sustains above 270-275 in next couple of sessions, can easily target 290 and even 314 in next few days. On the flip side if stock breaks TL it can easily reach 247 in few sessions. Chart 1 - Daily Time Frame
Chart 2 - 15 Min Time Frame : A further confirmation of above trade can be taken if stock breaks the confluence of Daily Trendline and horizontal support. (Watch out for 2nd chart in my next idea)
Chart 2 - 15 Min Time Frame : A further confirmation of above trade can be taken if stock breaks the confluence of Daily Trendline and horizontal support. (Watch out for 2nd chart in my next idea)