Retail India has formed cup and handle
formation in monthly chart. It is a bullish
continuation pattern. Break out from the handle's range will make the price to continue its uptrend. And the handle should break with significant volume
to show the strength of the bullish
If the price action breaks above 92 with high volume
, one can enter for the targets of 110 and 130.
Duration is 6 months to one year. Consult your financial manager before investing.