Stock has broken out of the Flag Pattern, it took support at the ichomoku cloud, future cloud is also positive.
Today's flag breakout was with high volumes, which confirms the pattern
The rally which started from 19th December after the long term downtrend breakout from Rs12 to Rs 37, has retraced by 50% and the stock has moved upwards from 50% retracement.
The stock has also taken support at Multiple moving averages.
it can move upto 50 levels (the length of the Flag pole