SuperNova396

HERITAGE FOODS - multi-year breakout - Buy on Dips!

NSE:HERITGFOOD   HERITAGE FOODS LTD
Monthly Time Frame:


Overview & Observation:

1. Beautiful Double bottom formation and broke 7 years of resistance level in 1 shot shows strength in buying.
2. Good volume support
3. Earnings are strong.

Trade Plan:
1. It has already gone to targets for the structure it gave BO.
2. Wait for a retracement for buying.


- Stay tuned for further insights, updates and trade safely!

- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!


Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.

Thanks & Regards,
Anubrata Ray

Anubrata Ray
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