Company is a niche player in fresh fruits and pulp exports. Stock has been consolidating for the past 2 years. Promoters have recently increased stake in the company.
Recently it seems like someone has started accumulating the stock and the price is ready to break out from the narrow triangle.
MACD has just crossed above signal and is above 0. RSI also is in an uptrend and still has a lot of steam left.
Very new to Technical Analysis. Experts please provide your valuable inputs.
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