Double Bottom Formation on Granules India ..Near Breakout Level

Granules india forming Double bottom pattern on Daily & weekly charts & Near Neck line area ( Breakout level 535 ) ..Stock is currently trading above all important moving averages (50,100,200).RSI & MACD also indicating positive momentum..If break out happened possible target will be 570 & 630 in near term with a stoploss of 500 Rs.
It's not a buy or sell call ...For education purpose only.