Price range is getting narrow..Moving nicely in between both upper and lower trend line with drying up of volumes ...BO could possibly take place within few session
Stock is following basic trendline and horizontal support,
can enter at cmp ; 20% upside move possible,
from swing high to low - short term target can be 1.618 fib levels i.e. 522
Fundamentals:
+ Highest Quarterly Sales and Quarterly profit
+ Highest Yearly Sales and Yearly profit
+ Very less debt and Decreasing Debt
+ ROCE increased from 10% in '20 to 26% in '21
+ High Promoter holding 88.4%
+ Cheap valuation Market Cap to Sales 1.69 and Stock PE<Industry PE
Technicals:
+ Breaking out of Weekly high
