Bata India Cup and Handle Breakout

Bata India has given a breakout with good volume levels , Target 1 = 7% , And If it breaks The All Time High 15-17% Can Be the Next Target .
Closing Below 44MA can be the stop loss for this setup.
Fundamentally the company seems good , But had Taken a hit due to lockdown this year and now is in a recovery phase.
BATAINDIAbreakoutChart PatternscupandhandlepatternFundamental AnalysisTechnical Indicators
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