HEMISPHERE PROPERTIES INDIA LTD. PRICE ACTION ANALYSIS
The stock price has broken out its previous swing high and also the falling trendline with higher volumes. This is a bullish sign.
Currently, the price is trading at the supply zone. Breaking this price could give us a rise to 150 or more. But book your profits at 150 and wait for the price action to re-enter again.
The two long scenarios and their stop loss levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
Currently, the price is trading at the supply zone. Breaking this price could give us a rise to 150 or more. But book your profits at 150 and wait for the price action to re-enter again.
The two long scenarios and their stop loss levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
Trade closed: target reached:
Reached the target.
