HT Media 2 year Resistance Breakout

This stock had been in a deep correction after giving a impressive return in 2014. By mid 2015 to mid 2017 it had gone into a consolidation zone between 72-94. Before few weeks it broke out from that range with high volumes. currently this stock is trading at its strong support level. The crossover of 20 and 100 EMA also suggesting the continuation of bullish movement. MACD experienced bullish uptrend suggesting higher move in the stock. From here we may expect a movement up to 120 in 1 or 2 months. The Stop Loss will be place at or around 83.