Hatsun-One more Agrochem stock on verge of breakoutHatsun agro has given good volume bounce today from trendline. Above 1200, we can see this stock flying.
However, this stock forms long wicks hence it is safe to wait for weekly closing above 1200 for a safe investments.
Keep in radar. Agro stocks normally give big moves before monsoon arrives.
HATSUN
HATSUN AGRO - Bullish Swing ReversalNSE: HATSUN is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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HATSUN | Swing Trade📊 Details
Hatsun Agro Product Limited has been in business for over 5 decades and achieved the position of the largest private-sector industry in the Dairy sector manufacturing and marketing Milk and Milk products, Ice-Cream, etc. It was incorporated by Mr. R G Chandramogan, who has been in the dairy business for more than 30 years. Its journey began with Arun Icecreams.
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HATSUNHATSUN:- Cup and handle pattern has formed, wait for proper breakout, plan something only after that, till then keep your eyes 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.
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Ajay.
keep learning and keep earning.
Hatsun Agro Double BoostIf Breaks Then The Targets could be Taken at 1008.
Time Frame :- 1 Hour
Patterns Name :- Double Bottom
Symbol Name :- Hatsun Agro
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HATSUN AGRO Chart Pattern repeats?1. A rise from point (A) to point (B) is 446%
2. A fall from point (B) to point (A1) is 60%
3. A rise from point (A1) to point (B1) is 435% almost near to rise at point number 1
Stock is now falling down. If HISTORY REPEATS ITSELF in technical analysis then IS this stock likely to fall 60% from current high at point (B1). Need to keep watch
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HATSUN AGRO PRODUCT.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
HATSUN AGRONote:
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2. Always remember SL is your lifeline, not the big target...
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FY21-22 Swing Trade Idea #82: Long on HATSUN This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
HATSUN AGRO PRODUCTS. Retrace has happened is it time to buy?HAP was taking resistance around 808 level for 3 months and now the breakout ocurred and there is a retracement. if the stock closes above 850 level than it is better to go long. the target would be 960 and stop loss is 760 or 720 according to your risk.(swing only). HAPPY TRADING