HERITAGE FOODS - SWING TRADE - 30th December #stocks Long

HERITAGE FOODS LTDNSE

Description

⋅ Dec 30, 2023 1:33 PM

HERITAGE FOODS (1D TF)

Swing Trade Analysis given on 30th December, 2023

Pattern: CUP & HANDLE BREAKOUT
- Breakout of Resistance - Done ✓
- Volume Spike Buildup at Resistance - Done ✓
- Retracement & Consolidation - In Progress

#stocks #swingtrade #chartanalysis #priceaction #traderyte

Comment

⋅ Dec 30, 2023 2:06 PM

Typo:
This is on a Weekly Analysis Time Frame

Trade active

⋅ Jan 4, 2024 7:09 AM

HERITAGE FOODS Update - 4th Jan, 2023

- Made its retracement and buildup is starting
- Keep a watch for the breakout

#stocks #swingtrade #chartanalysis #priceaction #traderyte #heritagefoods

Trade active

⋅ Jan 16, 2024 5:27 AM

HERITAGE FOODS Update - 16th Jan, 2024

- Gradually moving up to our 1st Target level with Strong Buildup
- 12% in 12 Trading Sessions

- TSL On

TradingView Link

Analysis Explained Link

#stocks #swingtrade #chartanalysis #priceaction #traderyte #HERITAGEFOODS

Trade active

⋅ Jan 19, 2024 4:11 AM

HERITAGE FOODS Update - 18th Jan, 2024

- Keeping a close watch on this for our 1st Target Level
- Volume Spike has happened 2 days ago
- Keep your Risk Management in Play

Comment

⋅ Mar 1, 2024 5:22 AM

HERITAGE FOODS (1W TF) Update - 1st March, 2024

✓ 20% in 42 Trading Sessions

- Stock has been slow but consistent
- 1st Target Level Achieved with Breakout
- Heading towards 2nd Target Level
- TSL is On

Comments

jeevasenthil103

⋅ Dec 30, 2023 2:25 PM

what do u think about the small rejection in daily time frame

TradeRyteStockz

⋅ Dec 30, 2023 2:44 PM

@jeevasenthil103,

Good evening,

If you are looking at it as a Swing Trade, then there might be a retracement to the Support Drawn out. But also look at the daily volumes at the breakout of the resistance.

But, according to me the analysis looks nicer on a bigger time frame which gives a better view for a nicer move.