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Seshasayee Paper - Breaking Weekly Congestion

Long
SESHASAYEE PAPER&B (NSE:SESHAPAPER)  
drupadk  
NSE:SESHAPAPER   SESHASAYEE PAPER&B
Trend Analysis Chart Patterns Technical Indicators seshasayee
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trendanalysis chartpattern indicator seshasayee
Sesha Paper managed to clear a very strong weekly resistance (~195) and closed above it this week. The stock has managed to close at a 6+ month weekly high with impressive volumes (esp on the daily chart). In my view, upside momentum should continue in the short term atleast and the stock is a great trading buy.

Buy Seshasayee Paper at CMP
SL: 194 DCB
TGT: 227-269 (refer the chart)
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