LumaxIndus H&S breakout

Lumax Industries broke down from support trend line in late July, took support at 200 EMA and remain in the range bound zone for 2 month but rallied higher through early Oct. Stock Broke out from its 50 EMA and formed a H&S pattern . In today's session this stock trying to broke out from the H&S neckline with more than avg volumes. The RSI appears overbought at 79 but MACD experienced bullish uptrend suggesting a long term move higher. Any pull back in the stock to 1600 or 50 EMA will be a good buying opportunity for long position, for the target of 1900. Stop Loss would be place below the right shoulder that is around 1470