Technicals: 1) Consolidation of two years (Stage I). 2) Resistance zone breakout, after two years, with Volatility Contraction Pattern formation (Stage I to Stage II Transition). 3) Breakout supported with Healthy volumes. 4) Momentum indicators giving green signal.
Fundamentals: 1) Almost a Debt free company. 2) Paying out good dividends. 3) Posting good earning results.
Good Stage II (Uptrend) candidate to watch out for!!
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