SUNDARAM FASTNERS : End of 20 months of consolidation ?

٩ أغسطس ٢٠١٦

Sundaram fasterners looks to break out of > 20 month consolidation with a rounding pattern formation on weekly/daily charts.
Today's volume is pretty good compared to 10-week avg volume.

Confirmation of a close above 218 can trigger the stock to a new wave of uptrend.