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Technical Stock Pick - Buy Dhanuka Agritech Ltd For Target Rs. 990- HDFC Securities 

Stock price has broken out from downward sloping channel on the weekly chart

Volumes have risen along with the price rise in last 3 weeks

Stock price found support on its 50 Week EMA and reversed north

Primary trend of the stock has been bullish, as it has been forming higher top and higher bottom on weekly and monthly chart

Weekly MACD has shown positive crossover above the equilibrium line

Weekly RSI has reached above 50 and broken out from downward sloping trend line

Buy Dhanuka Agritech Ltd Up to 3 months @ Buy between 117-109 CMP 776.50 TGT 990 SL 710

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