Looking good technically. The stock has just broken out of a triangle. The triangle was formed over a period of 7 months. It formed a trianlge and broke out in the eight month (fibonacci) again. The break our was on huge volumes as indicated in the chart and also the DMI which indicates the strength of the move has moved to 18 from 15. Any move above 20 would confirm the trend. Techncially the stock appears to be a good buy. Stop Loss:Rs.57/-
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