On the daily chart stock price has formed "DOUBLE BOTTOM" pattern and has given breakout on closing basis * This breakout is accompanied with increase in volume which supports bullish sentiments ahead * The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term. * Stock price has given positive crossover from its 20 and 50 day SMA which indicates positive bias. * The above analysis indicate an upside of 120 - 123 invalid close below 112. #Findyourtrade
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