HARIOMPIPE - Retest at Cup and Handle Breakout🔊 HARIOMPIPE - Retest at Cup and Handle Breakout
HARIOMPIPE - HARIOM PIPE INDUSTRIES
⌛Duration - Short Term (3 month to 6 month)
📊📈 Trade Logic - Retest at Cup and Handle Breakout
CMP - ₹764.4
Time Frame - Daily
🎯Target 1 : ₹850
🎯Target 2 : ₹900
🎯Target 3 : ₹950
🎯Target 4 : ₹1000
🛑 Stop : ₹680
🏆 Risk/Reward Ratio (1: 2.75)
Disclaimer: The stock information shared here is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
HARIOMPIPE
Hariom Pipe CnH and RetestHeadquartered in Hyderabad, Telangana, Hariom Pipe Industries Limited is an integrated steel manufacturer with a stronghold in the South Indian market. It hasa diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems.
Technically chart is forming CnH Pattern and retested the BO levl of 740. Currently hovering around 760. The CnH pattern is showing a tgt of 1000+
FII holding increasing, Good sales growth and ROCE. overall good fundamentals.
The only negative is increasing debt. Please do ur own analysis before investing.
Short term trading opportunity in Hariom Pipe for > 15% upsideHi,
NSE:HARIOMPIPE has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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HARIOMPIPE - HARIOM PIPE INDUSTRIESHARIOMPIPE - HARIOM PIPE INDUSTRIES
Trade Type - Short Term (2 month to 8 month)
Trade Logic - VCP Chart Pattern Breakout
CMP - 774.50
Time Frame - Daily
Target 1 : 830
Target 2 : 870
Target 3 : 930
Target 4 : 1000
Stop : 690
Risk/Reward Ratio (1: 2.6)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
HARIOMPIPE - Long Setup, Move is ON..NSE:HARIOMPIPE
✅ #HARIOMPIPE trading above Resistance of 515
✅ Next Resistance is at 580
✅ AT All time high
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Hariom Pipe Industries LimitedHARIOMPIPE:- The stock has given a breakout by forming an ascending triangle pattern, a good stock for short term, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HARIOMPIPE - Ichimoku Bullish Breakout Stock Name - Hariom Pipe Industries Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 451
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
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HARIOMPIPEHARIOMPIPE:- Ascending triangle pattern has formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HARIOMPIPE - Ichimoku Bullish Breakout Stock Name - Hariom Pipe Industries Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 437
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
HARIOMPIPE - Ichimoku Bullish Breakout Stock Name - Hariom Pipe Industries Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 404
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Long HARIOMPIPE - Move is ON..NSE:HARIOMPIPE
✅ #HARIOMPIPE trading above Resistance of 360
✅ Current strength may push the price to next Resistance at 410
✅ Company has a good return on equity (ROE) track record - 3 Years ROE 28.6%
Related chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HARIOMPIPE - Ichimoku Bullish Breakout Stock Name - Hariom Pipe Industries Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 337
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis. Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
HARIOMPIPE - Ichimoku Bullish Breakout Stock Name - Hariom Pipe Industries Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 253
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.