The Cup and Handle pattern forms in Bata India with high volumes and bullish Marubozu candle breakout. The stock is above 30 days ema.
Go long after Breakout, set stop loss below the handle (Rs.2130/-). The targets should be placed near Fib retracement levels.
Go long after Breakout, set stop loss below the handle (Rs.2130/-). The targets should be placed near Fib retracement levels.