himadri speciality looks bullish in medium term

in monthly, it is in strong uptrend, and has crossed 2008 peak and is in all time high.

in weekly, it is in strong uptrend and price is riding upper BB.

in daily, it has given a breakout with good volume and closed above upper BB and BB expanding.

one should ride the trend with a sl under the previous low.

initial sl - 70. one should ride the trend with a trailing sl under the previous low.

Trade active:

big move today , closed at 86.3

Trade active:

there was a pullback after the breakout towards the resistance turned support zone, after that it resumed its uptrend and moving higher. till now 92.95.

Trade active:

big move on fri, closed at 111.85.

Trade active:

big move on fri, closed at 116, so till now 38% gain, it is still in strong up trend, continue to hold.

Trade active:

it is doubled from the recommended level, within 3 months, cheers.

Trade active:

hidden bullish divergence seen in daily,

uptrend continues ...

Trade active:

in daily, horizontal consolidation then breakout with good volume, finally it came to retest the breakout level.

BB is also expanding, looks bullish.

Trade closed manually:

horizontal support broken in daily, looks bearish now.

also regular bearish divergence seen in weekly,

Comment:

cmp - 135.25, in weekly - downtrend is established here, price going lower low.