Media sector breakout stock Buy Hathway Cable Above 24
SL 20 (4Rs)
Target 1: 28
Target 2: 32
Target 3: 36
Duration 6month to 1 year
Trade as per your risk rewards
Hathwaycables
Hathway Cable Price Action Analysis A reliance owned Stock is trading near to BO zone, any movement with good volume will boost the stock to higher levels, follow chart for proper support and resistance levels.
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 CablesHave a look at the targets of Hathway cables.
Disclaimer: Only for education purpose. Kindly do your own research before investing in Stock market .
HATHWAY CABLE for 25% (approx.) and above Hathway cable got falling trend line breakout ...
LTP : 19.15
TG and SL on chart please check
HATHWAY LTD FALLING WEDGE + SUPPORT TEST 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.
** please like and comment if you find it useful.
Hathway LongHathway being a debt-free & Reliance having major stake.
Bullish Flag pattern trailing for a long time in Weekly TF.
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 cable : Pure Price action zone Hathway Cable : you can buy based on pure price action .place stoploss at 14 and target will be 21-24
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.
IMPORTANT RULES
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.
18. Don't forget to bookmark this blog page. Because a lot of stock analysis are coming here with genuine guidance.
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.
HATHWAY expecting a bounceNSE:HATHWAY
Buy above 23.5 or near 21.7
SL closing below 20.3
T 24.2, 26, 27.8
CLosing above 29 can see 32++
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
Hath Way to Go!! Target Rs90!NSE:HATHWAY is looking headstrong with aim to cross all time High. If it successfully surpasses the Rs70 level, Rs90 should be next target.
There is good momentum in the stock and surely the resistances should break with a time horizon of 10-12 months.
