After the bull run, stock retrenched to 61.80% fib level and consolidated for 6 years.
The range breakout visible in chart, aptly supported by volume and technical indicator.
Stop Loss below 20EMA; Target 1 Rs 415
Weekly Chart After four year of consolidation, the stock given a descending triangle breakout with breakaway gap.
Technical Chart Golden crossover of ema 50 & 200 with breakout volume, certainly confirm the bullish strength in stock.
Thanks -aj
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