VEDL is at a critical level?

https://preview.redd.it/76b4n684c67e1.jpg?width=1920&format=pjpg&auto=webp&s=54bb99cb95b844aeb35465832f63a7d011e04043 https://preview.redd.it/qns6i9s4c67e1.jpg?width=1920&format=pjpg&auto=webp&s=48f325cc92166ef11398b3dfe74de27e13717f01 VEDL is consolidating near its all-time high, with narrowing Bollinger Bands. The Rohit Momentum Indicator (RMI) shows a buy signal on the weekly chart, while the daily and monthly charts are already in buy mode. July’s OI spike indicates a short buildup in VEDL. Since then, OI has been decreasing, suggesting that shorts are unwinding. The stock breaking above its all-time high can lead to positive momentum in the short term. Additionally, short covering would add momentum to the breakout, giving bulls the upper hand. What are your personal analysis.