Emami Symmetrical Triangle Breakout

Emami Ltd- Symmetrical triangle breakout appeared on the weekly chart. Wait for this week to stock close above 12010. This stock has been in the strong uptrend. Since last 2 year it has been consolidating in a range. The breakout of the symmetrical triangle may pus the stock to the new high. MACD crossover suggesting bullish signal and RSI at 63 showing strength in the stock. All this signals suggesting continuation of uptrend. This uptrend movement of the stock may take resistance at or around 1600 that is the target of triangle breakout.