Alembic Ltd - Potential for an upmove or a false hope?

٥ يناير ٢٠٢٢

Alembic Ltd has stayed in a range for a long time now. Made a strong base and is oscillating around it. Will the stock move upward, stay neutral or break its support? I believe that breaking support is highly unlikely, and to move upward it has to satisfy the trades in the range of 120-124.