ParaCables - Trendline BreakoutParamount Communications LimitedNSE:PARACABLESgarv_sk9This is a good trendline breakout with volumes in a stock from cables industry which has tailwinds Might retrace a bit to the trendline before running up. Worth keeping an eye to get in early With Trailing P/E of 16 and presence of institutions in this, this is showing signs of a good possible rally. Bull case This sits in a structurally attractive cables business, has shown revenue growth, and still trades at valuation levels that look reasonable relative to the business scale and book value. The market also appears to be assigning some credibility to its order book and sector tailwinds, especially in power transmission and infrastructure capex.