As per the resistance trendline,
(1) The first target should be above 50 on a weakly time frame.
(2)If crossed and sustained, then the second target should be 100.
Line chart analysis for the weekly timeframe.
Buy at 108 and stop loss is 104. Target is 130 in one month. This stock is a cyclic stock and not good for long term investment. every time when it dip down, in next few month is will give unto 60 to 70% upward movement . Currently it is consolidating in a range, so one can take a small risk of 5%.