Scrip can be seen taking bullish reversal as prior trends however, expecting the scrip to surpass 52-week highs this time. Any pullback also could be opportunity to buy fundamentally sound company averaging down the price as previous trends shows the crucial support line to be strong reversal zone
Noticing the current price action, The scrip didnt correct much during corrections in March'18 and risk to reward ratio is also favorable
However, one can invest aiming for 52-week highs in another 2-3 months seeing the previous trends. Moreover, The company can show progressive results with Vapi terminal also operational now adding substantially to the company revenues heneforth increasing profit margins