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Rajgor Castor derivatives - Is it nearing trendline breakout?

Oleh The-Breakout-Trader
Rajgor castor is a tiny cap company with about 91 Crores market cap. PE around 9. Revenue growth and profit growth are good. Stock recently came up with its IPO and has been falling since some time. Now it looks like coming close to the falling trendline and if it breaks out of it, can give a good upmove.
Catatan
Continues to fall but hovering around the trendline. A strong breakout above the trendline, breaking above previous high and showing a weekly close above 39-40 levels will unlock upmove.
Trend Analysis
The-Breakout-Trader
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