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
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...
Hathway cable - gave a round-bottom breakout along with the trendline breakout today.
Interestingly, currently, it takes the support of 50sma and above 200sma, so probably give a strong move tomorrow or soon.
HATHWAY has been in an uptrend since March lows. The stock has successfully made a long term bottom clearly visible on a weekly bar chart. Since March lows, it has rallied upto 500% from INR 10-50 and now rests at a support zone of around 33-35.
Total cumulative shares traded since March lows are > 200 million shares, against a float available to public of only...