Theory of continuous accumulation says that, the stock is ready for Breakout show. From recent rally 61% retracement is done and with nifty pharma showing positive sign, the stock can show BIG BREAKOUT SHOW.
Chart is self explainatory. After W pattern, very well consolidated and trend line BO is already sustained.
Not Flag pattern in rising channel. Last 4 candle narrow range.. inspite of 2 bear candle, bullish candle hinting Breakout will be shown.
DONT MISS (SMALL RISK, BIG REWARD)