There is chance for triangle BO, but need careful about these kind of BO 70% will fail, but if it continues without failing 2x even 3x price advantage is possible. So better we could bed on this BO. Already All time high BO happened and retested and breaking again. If i want to tell this in AL Brook style, It is failure of BO failure.
Price moves away from value area, so buyer has chances to move price further move up.
Stock reported good sales & PAT surprise. Volume and Price validated - positive sign RR - is good for W timeframe
Fundamentally strong & No supply or not impacting for broader market condition. Technically shows very strong uptrend, value is pausing now. CMP is low risk and high reward opportunity for investment. . . . . . . . . View are educational purpose not buy/sell advice.
Unique in technology, fast growing company. Price action tells this stock going to rocking.
Divergence & break out opportunity in this stock, potential to give good break out opportunity.
* One of the industry leader * Fundamentally good one * Technically good position
My view on this, 1) Textile industry is hot 2) Almost debt free stock & fundamental is strong enough 3) Outperforming all market condition 4) Best while comparing with peer companies 5) Channel break out