It has given a breakout! Good for targets of 350 in the short term and 390 for the long term. Company has strong fundamentals and it can prove to be a good investment stock. Please do your own analysis before making any decisions and also let me know if I missed something. Let's learn together.
After a 122% Move in Last 10 weeks and a 259% move from its 52 Week low. Ester went in to a 4 Week Consolidation which is generally a good sign, Post Breaking out of this Base on 16th September it reversed and came down for 2 Weeks and then came the breakout again on 5th October which was stronger than the first one as the weaker hands were out after the first...
Trendline breakout Could c a target of 3800 if market supports Have started OUTPERFORMING from nifty(relative strength)