RBA

Restaurant Brands Asia (Burger King) Finally, Restaurant Brands Asia, the operator of Burger King, offers an interesting setup. We've observed a strong base forming around ₹60, with the stock bouncing robustly from this level multiple times. While it currently faces resistance near ₹67-68, a glance at the compressed chart reminds us that its last ascent from this ₹60 base delivered a significant 50% gain, reaching ₹88-90. The weekly chart confirms repeated double bottoms leading to rallies. Even after a recent support breach, a new support has swiftly formed nearby. With the stock trading around ₹67, a stop loss near ₹59 and a target of ₹85 present a compelling risk-reward better than 1:2, making it a tempting proposition for a calculated swing.