MIDHANI has formed a beautiful a beautiful cup and handle pattern from 2020. Now, the stock is standing near its neckline and is looking strong. However, the stock has rallied from quite some time now so wait for consolidation after breakout or a retracement to get a good SL. Currently, 230 is a strong support. Positional Target can be 350 which is 90 points(the length of handle above the neckline) .
Note:-Idea is shared for educational purposes and should not be considered as a recommendation.
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What a blast in the stock! 260 to 300 in just 3 days.