Moldtek Packing has given a breakout from Cup N Handle pattern in sync with Nifty FMCG. Buy at 207.50. Target will be 256 and it will not be valid below 194.
This is only for educational purpose. I am not a SEBI registered analyst. Please consult your financial advisor.
@celes1, It is bullish pattern but it appears that the stock is consolidating at this level. Once it closes above 210, above the congestion zone it should pick up momentum to go higher.