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The stock has reversed trend and has tested 23% and is now at 38%. It is giving good breakout with good volumes.
Also it is at resistance 40 with cup formation. Breaking 40 will be a good upmove for this stock.
One can wait for better entry below as handle is still under formation.
Long entry 37 - 40 with Sl at 30 for T1 -46 T2 - 51 T3 - 60
Stock is breaking out after forming a bottom. In the short term, more strength can be seen incoming!
All details on the chart
Breakout with volume in Dharsugar at CMP 31. looking target for 36 & 42 in near term. SL-26