Sybly Industries does Breakout,Ready for Quick Move

Sybly Industries

We have covered this stock in our last analysis,
Stock remained in the range for 6.2-8 in past 21 trading sessions volumes have been increasing in past few sessions suggesting a breakout on cards and today finally closed above 8. Stock has seen the Highest closing in past 4 years, High made was 7.90 on Sep 2012.
As the Volumes have increased and stock has finally closed above 8 with mometum in the favour of the stock suggesting we can see a fast move in coming few session.

Always remember Golden Rule of market 80% of the move in done in 20% of time.

As per Below chart,

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