Hi-Tech Pipes Ltd - Volume Breakout
Updated
The chart is self explanatory and key point highlighted below:
✔ Channel breakout and price retrenched to fib 50%
✔ Descending triangle consolidation and further breakout
✔ Defended psychological level of Rs 100
✔ Volume breakout after price correction
✔ Above key moving average of 20, 50, 200 ..
✔ Stop loss & target mentioned in chart
Thanks
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
✔ Channel breakout and price retrenched to fib 50%
✔ Descending triangle consolidation and further breakout
✔ Defended psychological level of Rs 100
✔ Volume breakout after price correction
✔ Above key moving average of 20, 50, 200 ..
✔ Stop loss & target mentioned in chart
Thanks
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Note
price moved 6.50% with strong volume.Trade closed: target reached
TARGET OF RS 136 ACHIEVED !!Note
highest volume in history of stock.
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.