Asahi India Cup and Handle PatternThe stock can be bought on retest. It is expected to make new highs. The height of the cup is above 50%. We can safely take a target of at lest 25-30% upside from these levels. The momentum of the stock is currently bullish on all time frames, on basis of daily, weekly and monthly RSI. However, the stock shall be bought only on a bullish confirmation. There have been two dojis since the breakout. We should ensure this is not a fake breakout. Keep track.
