Stock is in downtrend since long time and it has recently broken out of falling triangle which is considered to be a bullish sign. In addition to this stock is also trading above its key DMAs like 20,50 and 100 but still below 200. Stock can be bought at CMP with short term price target of 65.
Stop loss at 49 recommended. (Stock has recently rallied from 42 to 55 and it may correct a little so better if you can catch it at lower prices.)
CMP - 55.9 (as on 5/7/13)
