There is a rounding bottom pattern formation in the last 15 trading sessions and there is a clear breakout in the reliance on charts with a strict stop loss @ 1987 with a target of 2024, 2044 & 2060 positionally. Another confirmation is that the last 4 closing sessions were above the 55 DEMA that's the major reason to go long on the trade and long term levels are highlighted by the trendlines.