The company has declared a good set up of numbers on 22nd July.
Profit after tax is up by 48%
Sales are up by 36%
The price is now hovering near the previous Resistance which now acts as a support
Tight price range near the . Look at the small candles.
Price goes up with rising on 23rd Aug.
Any pattern may falter depending on the overall market condition. So one should always keep a stop loss. :)