Has been trading in a range of a 50 points 1000-1050 for more than a month and with stock closing above the 0.38 retracement level and touching 0.5 level. It can give a triangle BO above 0.5 level of 1083 which can go upto 1160-1200. However watch out for volume for confirmation.
Kommentar:
Just closed below the 0.618 retracement level and once it goes out of this zone then we can see our target quickly