ColPal: Good swing setup

In Daily chart if ColPal stock is giving breakout with good amount of volume above 1542.80 then I strongly feel it will go up to next résistance which is 1637.75 then you can either book profit or partial book or pump a bit more risk.

Note: I'm new to technical analysis, do your own math. I'm open to new ideas and flaws in my analysis, so please do comment and collaborate.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.