Major objective trendline breakout

[raju.ranjan@definedge.com]

Current formation on Point and figure chart is bullish super pattern. Price has broken major bearish 45 degree trendline it indicates a bullish momentum. From last two years price was trading below bearish trendline and now it has broken with follow through of bullish anchor column. If trend continues we can expect some more bullish move in coming days. Above 475 we may see fresh bullish momentum and pattern will fail below 459.