Honasa (Mamaearth) - Seems ~30% Upside possible
HONASA shows a strong breakout on August 26, 2024, with significant volume, looking bullish momentum. Price surged past a long standing resistance level. The RSI is above 65, it also indicating strength, but close to overbought please keep on tracking. The breakout projects a potential upside of 31%, with a target around ~675.
The stock shows good future potential, but monitor for any pullbacks before further entry.
Please do your due diligence and thorough analysis before any entry into it.
The stock shows good future potential, but monitor for any pullbacks before further entry.
Please do your due diligence and thorough analysis before any entry into it.
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