Technical Analysis: 1. Chart has formed triple bottom pattern and it is possible to reach 200.90 (74%) and if the triple bottom activates once it covers the third bottom it has the potential to reach 111+%. 2. Triple bottom has also formed in third bottom in daily TF. It has been noticed that bottoms react well in CUB 3. Price has crossed 20, 50 and 100 EMA in...
The idea is purely based on technical analysis. After the high made at 1953.90 on 17 Jan '22, it has been in a down trend till now. On 4 Sep '23 the said trend line has been broken and retest is also done from the trend line. So good zone to go long. There is a high possibility of the price breaking the all time high. Target: 1957 Stop loss below: 1192