- Rectangle breakout on the weekly chart.
- The breakout is supported by good volumes.
- The Momentum indicator MACD turned green on the latest weekly candle (Just for BO confirmation).
- Buying can be done at CMP ~ 635
- Stop loss would be breakout candle low on daily which is 616
- 2017 high is 661, which should be taken out sooner or later.
- One can add few quantities now and a few once 2017 high is crossed.