The scrip has been in a pretty tight range of 1% for the past 2 days. Today. after an early attempt at breaking the the upper wall, the stock fell into an even tighter consolidation of 0.5%. Expecting a breakout in either direction.
Aggressive traders may also consider the inner channel it traded today to take positions.
Safe traders could wait for the 1% channel bounds to be broken as confirmation.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.