•The stock moving steady upwards last 3 weeks.
•Breakout witnessed with good volume.
•Additional to that positive divergence spotted in the RSI.
•Near by and strong support placed at 233.
•The level of 262 is acting as immediate resistance, if that breached then we can expect to test 272 levels in short term.
•Overall long term the stock retracing towards 38.2% level of fall from 867 to 82 placed at 381.
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