Based on the fundamentals and company performance recently. I am expecting this stock to reach 75 in 2023. Its have more probability for the profitable trade.
NSE:HATHWAY
Hathway ltd formed a falling wedge pattern and
tested the major support zone.
Positional setup
the trend can reverse and bounce towards the resistance zone of 50.
the risk-to-reward ratio is very good in this setup.
##Daily chart view
detailed analysis is on the chart.
keep learning,
happy trading.
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heg cmp 2195
add @2100 range
2370-90 acting as a good resistance.
once it breaks the resistance, we can see a good ride in the stock.
Why was it selected❓
🔹expecting good growth in this company
🔹Technically looks good.
🔹Funda almost good.
🔹Good numbers.
🔹Company is almost debt free.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE...
🍁 buy & hold for short term 🍁
enter @390-400 range
sl 375🙏
trgt 432-450-500+
study then invest
why I cooked it for u 🏋️♀️🏋️♀️
🔹technically the stock seems bullish
🔹perfectly respecting trendline support
🔹it in a major support zone
🔹postive q3 published but movements not done
🔹also we can enter with small sl, mean seems to be comfort RISK...
