Flag and pole Breakout in HikalFlag and pole Breakout in Hikal in hourly chart
Supporting to our previous analysis in the day chart (Parallel channel breakout), here we can see flag and pole breakout in 1hr time frame.
which suggests there is a high chance of continuation of uptrend.
To know more refer below link of daily chart
BSE:HIKAL
HIKAL
Parallel Channel Breakout in Hikal LtdParallel Channel Breakout in Hikal Limited
Stock was trading in a channel from past one year.
Now we can see this channel has been broken with good volume and candle.
Stock has a potential to reach 500+ level in coming days.
Ideal stop-loss be at 240.
This is just a view, not a recommendation to trade. do your own analysis before taking any trade.
Share your opinion in the comment section.
NSE:HIKAL
Hikal # swing and #Longterm pickStock is in Daily Demand zone. good to accumulate at 349 to 348 for short to long term investment
SL for long term is weekly close below 320.
Also swing trades setup is shared too. a strong close above weekly high will take the stock to 425 / 437.
Swing tgts are 399 / 410/ 425 / 437.
Long term tgts are 425 / 455 / 480 / 530 / 575 / ------> 660
hikal analysis on daily chart for educational purposethis chart is for educational purpose only
tecnical analysis as on 11/12/2021
name value
rsi(14) 52.500
stoch(9,6) 55.834
stochrsi(14) 96.190
macd(12,26) -4.010
adx(14) 30.485
williams %r -33.063
cci(14) 86.3631
atr(14) 22.7143
highs/lows(14) 0.0000
ultimate oscillator 47.750
roc 5.062
bull/bear power(13) 17.1580
Target 2 (130%) achieved in Hikal. Target 3 is ON...This is follow-up on Hikal. Can check link to related ideas.
Target 2 achieved. More than 130%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 3 (166%) achieved in Hikal. Target 4 is ON...This is follow-up on Hikal . Can check link to related ideas.
Target 3 achieved. More than 166%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 (89%) achieved in Hikal. Target 2 is ON...This is follow-up on Hikal. Can check link to related ideas.
Target 1 achieved. More than 89%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.