The breakout happened on very good volumes. The stock has been cooling off for a week on decreasing volumes. Tested the breakout support on lowest in the past few weeks. The 20VWMA is right below the breakout zone. The stock might test the 20VWMA as well and shoot up from there.
I reserve the right to be wrong.
Disclaimer: I'm not a SEBI registered analyst. Please consult your financial advisor before investing.
Thanks for pointing out Caplin Point. Just posted the chart.