Weekend Pick 2: Heritage Food - Bullish Cup and Handle formation
Heritage Food
Fundamentally it is strong and looks discounted.. FII holding has increased in the last quarter.
Technically is showing reversal as didn't break previous lower low, forming handle of big C&H bullish pattern.. Also closed above 200 DMA
Target 1: 385
Target 2: 450
Target 3: 535
Short term trade : SL : 290
Long term holding : Avg below 270
Fundamentally it is strong and looks discounted.. FII holding has increased in the last quarter.
Technically is showing reversal as didn't break previous lower low, forming handle of big C&H bullish pattern.. Also closed above 200 DMA
Target 1: 385
Target 2: 450
Target 3: 535
Short term trade : SL : 290
Long term holding : Avg below 270
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