Stock giving good quarterly results on a consistent basis. After breaking out of the ATH levels of 3453 it went into 11 weeks consolidation range of 13% and breaking out of base this week. Stock is up above all its key moving averages. 3453 shall now act as an initial support and 3055-3095 will act as main support and a weekly close below these levels will invalidate our view. As per the trend based fib 4890 - 5670 - 6660 levels shall be tested in the long term.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
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