HIKAL By KRS Charts

Updated
11th Sept 2024 / 1:24 PM

Why HIKAL?


1. Bird View, After Retraced till 0.88 fibbo level making significant HHs HLs.

2. HHs HLs has formed with Accumulation / Cup at 0.88 to 0.786 level + Breakout Today with huge Volume.

3. Cup & Handle is also Visible so set my Targets accordingly,
Which are T1 - 477 Rs Short Term,
T2 - 524 Rs Medium Term,
T3 - 647 Rs Long Term.
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HIKAL Hiking 5% Today
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More than 3% Upside Today ⚡
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Retesting Process 🔅
Seems like Sellers Trap in 1D TF with strong Recovery 📈↗️✅
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In 1D TF,
Hikal is on 100 EMA Support
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Strong Volume Strong Upside Move 7%
340 Was a 100 EMA Support.
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Dow Theory - is still HHs HLs
Good Move expected ahead ‼️
accumulationbreakoutbuyChart PatternscupandhandlepatternHarmonic PatternsHIKALindianstocksnsenseindiaTrend Analysis

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