The prices has given the breakout from the Channel Pattern. The price has sustained above it. The prices are above the Moving Averages. The MACD and RSI are also positive. The view is for upto 6 months. The Target and SL are on the charts.
Disclaimer : This is my own view and Analysis. This is for educational purpose. This is not a call, tip or recommendation.
Hikal Ltd., has a well diversified business portfolio and, is growing its revenue Y-O-Y since long period (excepting 2020 & 2021). Also, it is expected to post all time high revenue during FY 22.
OPM is also maintained at around 19-21% consistently over the years.
1. Negative Retracement Points: It has already corrected down to 61.8% of its...
ENTER ONLY AFTER 195 -200 ___ FOR SHORT TERM
so many confirmations are there .... in monthly time frame it has formed head and shoulder pattern
flag ---- in daily time frame
and has taken resistance from 185 ...
FOR INTRADAY YOU CAN ENTER @ 186
with stop loss of 6 rs and target of 195 (only for risky trader)
according to my study it is a pharma...