monthly chart
Stock has broken out of triangular chart pattern on monthly chart. After breakout stock went up to 146 from 100 in Sept 2013 but could not sustain at higher level and came down to 95 (CMP as on 4rth Feb 14) in following months. Stock may show sudden upward rally as per charts. It can be bought with stop loss below 85 for the target of 120-125.
Stock has broken out of triangular chart pattern on monthly chart. After breakout stock went up to 146 from 100 in Sept 2013 but could not sustain at higher level and came down to 95 (CMP as on 4rth Feb 14) in following months. Stock may show sudden upward rally as per charts. It can be bought with stop loss below 85 for the target of 120-125.