Laxmi organic Forming Double bottom on Daily & Weekly chart

Laxmi organic is in sideways trend since almost 1.5 y ...Now it going to form double bottom on Daily & Weekly chart ..Stock also trading above it's 200 DMA(which is in 260 range).Stock can give good move after closing above 319 level. Target will be 400 & stoploss will be 200DMA level

I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.