HIKAL has been trading in a channel from Aug-2016, except in march-2020 crash, however it has reclaimed channel and touched upper end of channel and made a double top around 215.
Now it has touched a lower end of channel and formed a hammer. check out trend reversal on daily time-frame for a target of 200. which is 25% upside from current price.
it has also formed Pole Flag pattern on weekly chart, watch-out of flag breakout.
Now it has touched a lower end of channel and formed a hammer. check out trend reversal on daily time-frame for a target of 200. which is 25% upside from current price.
it has also formed Pole Flag pattern on weekly chart, watch-out of flag breakout.