Resumption of the main trend (up) on cards! Seems so. Correction is done, may be. First sign is: 50 DMA crossing 100 DMA on the upside and then price rises above 200 DMA. Now 50 DMA about to cross 200 DMA on the upside (Golden Cross). Good investment proposal.
The stock seems to have given a low risk breakout opportunity. it has managed to form a higher low around critical base levels. Risk reward is favorable for an entry
