Recently, this stock has given a breakout from double tops marked around the 1,110-1,120 zone.
Since then, it has been slowly moving upwards. Now, there is a crucial resistance zone ahead between 1,220-1,260.
If it manages to sustain above 1,260, it is highly likely to test higher targets of 1,350 and 1,470, respectively.
The RSI needs to enter the super bullish zone, and volume should pick up. Support now stands around 1155.
Reference :
Reference link
