After bottoming out during the third week of February, the stock had shown a sharp rally during the first quarter. While the first bottom was formed at Rs 145, the second bottom was at Rs 154 during the last week of June. The third bottom has also been higher at Rs 167. The successive higher bottoms are nothing but hints toward a bullish outlook. While the moving averages are in bullish mode, the position of oscillators has also been improving and points towards a positive outlook. As such, the current rally is expected to last for a while. The stock is expected to face a hurdle in the region of Rs 245-250. Since this level is yet to be reached, the scrip offers a 10-13 per cent return. Traders can take long position on this counter. Keep a stop loss at Rs 186.