Share has formed DOUBLE BOTTOM pattern, which can be seen by blue line. Upward movement of share after the double bottom shows upcoming uptrend. Share is also about to break the channel which it formed during double bottom pattern, this channel can be seen by red line. Few days back, share price has increased in a very big volume ,which can be seen in green rectangle. MA-20 Days is also moving upward and going towards the MA-50 Days. All these things indicate that SHARE IS BULLISH NOW.
This stock i am expecting to retest the bounce area by few points above it@ 161 ,if it bounced form that level then its good to go long for Minimum 10% + Circuit Take profit in short term duration
Regards
Regards