Get started
varun_devadiga

Parallel Channel Breakout in Hikal Ltd

Long
HIKAL LTD (NSE:HIKAL)  
varun_devadiga  
NSE:HIKAL   HIKAL LTD
Support and Resistance Trend Lines Parallel Channel HIKAL daychart Bullish Patterns LONG channelbreak Trend Line Break volumespike
27
2
supportandresistance trendline parallelchannel hikal daychart bullish long channelbreak trendlinebreak volumespike
Parallel Channel Breakout in Hikal Limited

Stock was trading in a channel from past one year.
Now we can see this channel has been broken with good volume and candle.

Stock has a potential to reach 500+ level in coming days.
Ideal stop-loss be at 240.

This is just a view, not a recommendation to trade. do your own analysis before taking any trade.

Share your opinion in the comment section.

HIKAL

Related Ideas

varun_devadiga
Flag and pole Breakout in Hikal
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.