If momentum is maintained and the pattern doesnt get falsified as earlier seen for , Breakout with higher surge can be seen to reach the target price and one can aim first for short term towards 52-week high (157) :)
Also, If quick downtrend towards oversold is seen, Scrip might take corrections like seen earlier so one can wait further for pullback/breakout/confirmation
Resistance (neckline) can be taken as support thereon after breakout
Rest in charts..
However, Few cons which can restrain the investors from coming in ..
- Company might be capitalizing the interest cost
- Negative cash flow
- Debt increased over period