Stock has Given a Long term breakout on Weekly Chartof Bullish
Price pattern called Horizontal S&R Line Breakout as you can see it has break all the previous resistance and able to sustain above 102 Rs
and also volume
is also increasing. All Momentum Indicators are turn into Positive from Neutral which is sign that we may see good up side here from now towards 120-125 as next resistance along with support of 102 on closing Basis.
We have seen good rally mostly in all Midcap
Metal Stock but this stock has participated in the rally.