ADANI WILMAR (DAILY)- IS THE SURGE IMMINENT?

The stock seems to be consolidating in a tight range facing multiple rejections and support. The stock made a strong move of around 9% today while taking support from 50 and 200 ema, indicating buyers' interest. Entry above 410 can be initiated upon breaking out from the zone.
Considering the financial perspective with technical analysis, the stock seems ready for action.