buy above 2530 (trendline breakout ) in intraday and swing safe level day candle close above 2670 stock is making lower highs and lower lows (symmetrical triangle characteristics) and also tranding in a range on daily timeframe. for swing stoploss below 2400 after breakout positional stoploss below 2250 Note: this is not a prediction for LONG/SHORT, trade...
The Trade is based on the following observations : ~ Broken a multi-year resistance with high volume. ~ Potential flag and pole pattern formation. ~ Sellers have very very low volume. ~ Retest candle is a Pin Bar Formation. ~ RR > 1:2.0 The chances of trade playing out are 75 % (premium members are already triggered) DO NOT MISS!
Reversal from support zone in Hester Biosciences Limited. Also there is bullish MACD crossover.
Hesterbio Sciences has today given a breakout from down trend line. The stock has been in the fall since hitting all time high of INR 2920 in May 2021. I am relatively very new to Stock Market and am publishing purely for educational purposes. The Resistance drawn in the chart need to be recessed before entering in any trade.
HESTER BIO SCIENCE,DAILY LINE CHART STUDY AND INVEST ,not a buy recommendation CHART LOOKS GOOD, CURRENTLY STOCK PRICE Moving through a short term descending channel the trendline ,200 DAY MA is immediate support .STUDY THE FUNDAMENTALS ,Watch concalls and investor presentation for more idea about future plans of the company.
A breakout from the Inverted Head and Shoulder pattern and retest. Fresh Journey starts here as it breaks the downward channel.
Go long 3200 target
buy keep 2281 in Intraday go with less qty as it is very volaile scrip.