FORMATION OF BULLISH HARAMI IN BURGER KING

A Beautiful Formation of "Bullish Harami" has been observed on the 1Day chart of BURGER KING INDIA LIMITED. Hence, a bullish momentum is being expected in the stock during the next trading session dated, 3rd of December, 2021. In addition to this, once again after June 2021, the stock seems to be facing a very strong support at the level of 144.65. As plotted and explained in the chart, it is being expected that the stock can face resistance initially at the levels of 150.90, 153.95, and 156.30. Closing Price (as on 02.12.21) : 148.60

Note : This Analysis is valid for the Next Trading Day only.

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Comment:

BURGERKING has successfully achieved its 1st Target already! Booking 1.55% return.