Multi year Breakout

I just come across this while random scanning.

Yearly breakout usually sustains.

Hence any retest could provide a good Risk Reward entry & a weekly closing above 240 could become a great confirmation for upward move.

P.S. : I'm personally not taking any new position without having conviction in its fundamentals. & also, Nifty is in bit of correction phase thus being cautious needed ..!! :)

Disclosure: Just for learning.