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 daily TF which will support the price to move upward.
Fundamentals are also not bad (Detailed stats on fundamentals will be updated soon). Overall the possibility of the upside potential is high based on multiple TA.
Buy range: 126 - 140
Target: 172.40, 202.90, 137.5
SL: Below 118
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 daily TF which will support the price to move upward.
Fundamentals are also not bad (Detailed stats on fundamentals will be updated soon). Overall the possibility of the upside potential is high based on multiple TA.
Buy range: 126 - 140
Target: 172.40, 202.90, 137.5
SL: Below 118