HGS has confirmed reversal pattern with gravestone doji and thick green candle as well as todays volume were 2.5 time more than last 30days volume on NSE and BSE
MACD and RSI are positive ,but as stock is closed below/at resistance level of 543 (closing 542.70) i will wait for a day for closing above 543-545 for a target of 575 with SL 520 Risk:Reward 1:4 which worth taking , over all view is positive
Trade active: stock has not closed above 545 but now it is near its strong support zone so we initiate but with Sl 0f 500 CMP 520.70 first target 540
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