This scrip is in an uptrend since covid crash and it's consistently making HH and HL. This scrip is now bounced back from the major support zone, so the bullish momentum may continue in coming weeks. I do expect this scrip to reach new ATH and by analysing it technically it has the the potential too.
@SK_tron it's just look like a small retrace as it had rejected from the previous swing high. Looks like it's forming Cup & Handle pattern, so if you had long this scrip wait for some more time before exiting your trade as there's high probability of bouncing back from the support zone.
SK_tron
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what timeperiod do you estimate for it to hit 200?
Raghulramdoss
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@SK_tron not sure about it, it may continue its rally for some time as rise in global natural gas prices supports it a lot. I do expect it to reach 200 by end of this Fiscal Year.