is hitting its year long resistance at 16. Looking at the price action of the stock and the heavy volume
, the stock seems to be exhibiting signs of a bullish
break out. The bullish
view is also being supported by the price action in Nifty Media
which is also bullish
. We are looking at a multi-week target of 42 on the stock, which has also acted as support/resistance
multiple times in the past.