After observing a breakout at the strong resistance level of 54 with high volume made this one a good buy. The resistance level of 54 was previously touched 4 times and the price action reversed. But in the recent breakout it made a clear breakout from that level, which makes it a clear winner and buyer.
Target: 57-58
SL: 53.30
Target: 57-58
SL: 53.30