NSE:TASTYBITE
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and...
its LONG SHARE AT PRICE OF 10561 DATE 02.01.2022 OOHO 2023 IT HAS POTENTIAL UPTO 12 % ROI
Tasty Bite Eatables has an operating revenue of Rs. 435.32 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 4% is fair but needs improvement
for more WSUP ME 8459 220 202
Another stock, that came on the radar is Tasty BIte for a Positional Trade.
The stock made a low of 8050 in the last week of June 2022 and then rallied massively from there and made a High of 13700 in late August 2022.
That's a huge 70% return in just two months.
Usually when stock witnesses such a fast move it usually consolidates for a long time...
Tasty Bite is again at its imp support zone: 12298 - 11593.
It is testing this support for the second time, providing another opportunity for accumulation.
Price action at the support also confirms that demand does exist there.
Disclaimer: Not a recommendation to trade.
