Bharat Wire Ropes - #Watchlist

The stock has been under a year of consolidation and has tried multiple times in the past to cross the resistance barrier as indicated in the charts. The stock has seen a good round of time correction in the stock after a blistering performance preceding this consolidation phase. Moving ahead, if the stock manages to give a sustained close above the mentioned region, then the stock might begin its second leg of its journey it halted in the beginning of this year.