Scrip has been in ascending triangle pattern validated with 2 reactions lows and highs over time duration of around 2 months
If bullish momentum is maintained and the pattern doesnt get falsified as earlier seen for falling wedge, Breakout with higher volume surge can be seen to reach the target price and one can aim first for short term towards 52-week high...
At Rs 134, this scrip has broken its trendline upwards with good volumes today.
20D EMA has also crossed 50D EMA signifying bullish path more to go.
Resistance is at Rs 180~187 or so.
Buy and book profits on every rise at Rs 150, 165, 180~187 and keep some in your portfolio.
Stoploss maybe kept at Rs 121.
