The stock has formed a big bullish candle with a higher- high and higher- low price structure on the daily chart.
After its breakout on October 12, the stock has gained 7% from its pivot point.
The stock is trending above its all key moving above averages on all time frame charts with bullish momentum in RSI and MACD. As of now, there is no sign of weakness.
The stock is trapped in a small correction of around 10% after hitting the high of around INR 734 on September 24.
Today, the stock gave a trendline breakout and formed a bullish candle with higher high and higher low price structure on the daily chart with above average volume.
The stock is trending above all its key moving averages on all time frame charts with bullish momentum in RSI and MACD.
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