Volume Breakout + Double Digit Stock - HATHWAY📊 Script: HATHWAY
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages crossover soon.
📈 Volume is increasing along with price which indicates volume breakout
📈 Right now RSI is around 70..
📈 One can go for Positional Trade.
⏱️ C.M.P 📑💰- 26
🟢 Target 🎯🏆 - 36
⚠️ Stoploss ☠️🚫 - 21
⚠️ Important: Always maintain your Risk & Reward Ratio.
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HATHWAY
HATHWAY: 1 Year Cup BreakoutHATHWAY has broken out of a 1 Year Cup pattern. The resistance is lasting for over a year and it has tried to break it in previous 2 other cup patterns but failed. Breakout this time has good volumes and High RSI. Coming on a day of very weak market, it is outshining. But has to stay above this breakout level to sustain move.
Hathway is on the way upside by nowPost covid sessions are testing the lower circuit which support hits, movement towards decline over the period of time. Presently on the move from August to January pathway and next August its good way long term upside. Greens are target line up, purple box is good buying spot before earnings date. As well as Yellows are previous testing catalogs.
Hathway stock ready to quick gain analysis
1. Today we'll discuss another stock which is HATHWAY CABLE & DATACOM LTD
2. Today Date is 16-09-2021
3. Currently stock is trading at 24.50 which is shown in candle chart.
4. There is quick Technical Target 27.90 which is shown in image above, which is approximately 13.30% gain. Because stock is now trading in perfect range as per my analysis.
5. How much time it takes to reach target, according to my analysis, it takes maximum 1 months or we can say very soon.
6. HATHWAY CABLE & DATACOM LTD NSE Code is HATHWAY
7. FII and DII has increased there holding. Coming quarterly result is except to be in profit..
8 FII means A foreign Institutional Investor, we call in short fII which refers to outside entities investing in the Indian stock market.
9. DII means Domestic Institutional Investors are those institutional investors which undertake investment in securities and other financial assets of the country they are based in.
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10. Only invest 3 % of your capital in one stock, Please don't ignore this rule because we are investing our hard-earn money here so risk management is best part of trading.
11. We never sell stock in loss.
12. We are investing in equity share.
13. Patience is the key in equity, sometime great company went down that is the opportunity to buy these companies because we know they will come back very quickly.
IMPORTANT LEARNING
14. Every person who is trading in Indian share market, definitely need to read company balance sheet before trading and also look technical chart.
16. From my experience screener.in is best website for reading company financial data/balance sheet and for technical chart in.tradingview.com is best website.
17. My experience/learning is saying that if we have proper plan in share market we can easily earn money in equity.
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Disclaimer:- I'll post here stocks analysis for educational purpose where you can learn. This blog is totally educational purpose, not a recommendation of stocks buy or sell.
Live Challenging Stock Market Analysis Buy HATHWAY @ 27.00Market Analysis
Live Challenging Stock Market Analysis Buy HATHWAY @ 27.00
Target @ 43.45
#stockmarket #hathway #sharemarket
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Long Hathway CableHathway Cable
NSE:HATHWAY
CMP - 28
Stop - 19 on DCB
Expectation -
T1 - 40
T2 - 75, Review at 40
Expected Holding Period - 60 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
HATHWAY CABLE & DA Short Term Positive.HATHWAY CABLE & DA - CURRENT PRICE 33.60
Short term bullish.
Note Just crossed - 9 day Moving average crossed, 26 DAY MA and 200 DAY MA
Plus Good Volume as well
In Graph
9 day MA Line Color Pink
26 day MA Yellow
and 200 DAY MA Blue
Short term target IN NEXT 1-2 SESSION SEEMS TO BE 37/38/39 WITH STOPLOSS 30.25. However we will only target for 37.
NOTE: THIS IS JUST PURE INDIVIDUAL INDICATION BASIS CHART. ANY INVESTMENT ON THIS STOCK SHOULD BE AT YOUR OWN RISK, TIME AND MONEY.