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.
Technical Indicators:
1. Negative Retracement Points: It has already corrected down to 61.8% of its...
Breakout from the Flag Pattern on Weekly Chart.
The stock is attractive even at CMP but given the market scenario awaiting a Breakout from the Inverted Head and Shoulders Pattern would be ideal.
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...
