HIKAL By KRS Charts
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.
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.
Trade active
HIKAL Hiking 5% TodayTrade active
More than 3% Upside Today ⚡Trade active
Retesting Process 🔅
Seems like Sellers Trap in 1D TF with strong Recovery 📈↗️✅
Trade active
In 1D TF,
Hikal is on 100 EMA Support
Trade active
Strong Volume Strong Upside Move 7%
340 Was a 100 EMA Support.
Trade active
Dow Theory - is still HHs HLs
Good Move expected ahead ‼️
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.