06-07-2021 10:51 AM | Source: LKP Securities Ltd
LKP Spade, Weekly Pick - Buy Burger King India Ltd For Target Rs. 173 - LKP Securities
* Stock has given inverse head and shoulder pattern breakout on five hour chart which consider to be a bullish reversal pattern by nature.
* Good volume activity has been witnessed at the time of breakout.
* Both momentum indicator RSI & MACD are showing positive move.
Buy Burger King India Ltd @161-162 TGT 173 Stop Loss Below Rs. 153 CB Duration 1 Week
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