Caplipoint seems to be forming a Rounding Bottom Pattern with neckline resistance at 460. A decisive break above could open pattern targets towards 540-580. Pattern negated on a decisive fall below 400.
The stock appears to have broken the falling trend line but facing another immediate resistance of Rs1250 above this level the stock can move another 100 bucks before facing another hurdle. But most likely the stock will retest its all time high of 1645 soon
