After giving signal of a trend reversal, the stock has now given a final break-out for a major uptrend. On Tuesday, the stock has crossed its short-term resistance of Rs 109. This move has been accompanied by a significant jump in volumes which hints at the developing strength on this counter. With the latest close, the position of oscillators has also improved drastically.

On the upper side, while minor resistance is likely at Rs 132, the major hurdle for the stock is only at Rs 157. One can take a long position at the current levels. The stop loss for that would be Rs 97.