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Kunal-Battu

BULLISH on Hitachi Energy (Positional)

Long
HITACHI ENERGY IND (NSE:POWERINDIA)  
Kunal-Battu Updated   
NSE:POWERINDIA   HITACHI ENERGY IND
Trend Analysis Chart Patterns Technical Indicators indianmarket indianstocks Bullish Patterns trianglepatterns positional
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trendanalysis chartpattern indicator indianmarket indianstocks bullish trianglepatterns positional
POWERINDIA

There is a triangle pattern in Hitachi Energy. If the price breakout from 3650 levels then it is bullish. The price is trading above moving averages which is showing bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. If the price breakout from the triangle pattern the SL level will be 3200 and the target will be 4550. This is a positional view from 1 month to 6 month.

Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a Tip.
Trade closed: stop reached
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