The chart shows that the scrip has gone through the accumulation process, which has laid the foundation for the current rally. The monthly charts indicate the potential to rise to Rs 38 and Rs 45. A buy is recommended for those who build up portfolio, with a three month time horizon. This is not for the speculator, though he could benefit in the bargain.

A target of Rs 42 is not impossible for the medium term investor. The weekly charts have signalled a buy for the long term. The scrip has tested the bottom at Rs 19.20 thrice. So you do know the downside support and the upside potential.