However, since then, the performance has been good and the stock has been improving steadily. In fact, it has been posting higher bottoms. With the latest jump, the stock has also managed to cross its immediate resistance levels of Rs 176 and Rs 182 respectively. The bullishness has been further confirmed by a smart jump in volumes. The oscillators have also turned bullish. The 21-day RSI has also been forming higher bottoms and has entered into bullish zone. Similar can be said about the medium term MACD. The moving averages have also turned positive. All these factors are nothing but a pointer toward a positive future. Since the stock is expected to remain bullish, long position can be taken for short-term profits.