Bata
Observations:
- higher top higher bottom since April 2021
- Cup and handle formation
The stock has a Cup & Handle target potential of around 2120, however it should be noted that sustaining above 1895 could also lead to fresh breakout into uncharted territory with further potential of even 2600 odd levels.
Multiple support around 1780 odd levels and 1687 level.
Risk :: Reward ratio looks good. On dips can be a good addition. Keep a close eye on the stock.
Take care & safe trading....!!!
Observations:
- higher top higher bottom since April 2021
- Cup and handle formation
The stock has a Cup & Handle target potential of around 2120, however it should be noted that sustaining above 1895 could also lead to fresh breakout into uncharted territory with further potential of even 2600 odd levels.
Multiple support around 1780 odd levels and 1687 level.
Risk :: Reward ratio looks good. On dips can be a good addition. Keep a close eye on the stock.
Take care & safe trading....!!!
