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HIMATSEIDE

Himatsingka Seide - Preparing for Round bottom formation #Himatseide CMP : 175.2 Date : 24/11/23 A Fundamentally weak and a high debt company. A recent turn around movement in textile sector is now influencing the world s largest cotton yarn maker. Stock is technically looking good now. Formation of a round bottom is seen in the chart with 60% completion . Now the stock is at its 52 week high with significant volumes. If round bottom formation completes a 75% upward movement can be expected and if breakout happens at the completion level a 150% of movement can be expected from this level. Stoploss at ₹.160 - 170 levels. Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
NSE:HIMATSEIDE
by DevanNaayar
HIMATSEIDE Analysis(Double Bottom)!HIMATSEIDE Analysis on Weekly Timeframe Bullish view on HIMATSEIDE Double Bottom Pattern Formation in HIMATSEIDE Neckline Breakout HIMATSEIDE has made double bottom patten on Weekly Timeframe. The price has given breakout to the neckline 85.45 and now it is trading above it. We can see the breakout has happend with the good volume. We can expect further upmove upto 107.80. Trade Psychology and Setup = Entry = Between 85 - 90 but it will good if we can enter with lower price Target = 107.80 Stop Loss = Below 75.80 Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
NSE:HIMATSEIDELong
by Avinash9087
HIMATSEIDE - Ichimoku Bullish Breakout Stock Name - Himatsingka Seide Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 113 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:HIMATSEIDELong
by nikunjbhadja
Himatseide - 6 month weekly closing highHimatseide has been range bound for almost 6 months with the weekly upside capped at 160-163. The stock has managed to breakout of this range for the first time this Friday with very high volumes. The stock has also given its highest weekly closing since June 2019. There is similar congestion in the monthly chart with the stock not being able to cross 160 on a monthly basis for many months now. Looking at the chart, we can assume that a monthly breakout is on the cards and the current upmove will continue. Targets : 195 (200 week SMA level) and 222 (support and later resistance in 2019) are short term targets. Weekly close above 220 will take the stock much higher. Stop Loss: Longs can be held with a WCB stop loss of 155 One can go long in Himatseide at CMP and add on declines to 160. Consider it to be a mid to long term trade/investment.
NSE:HIMATSEIDELong
by drupadk
Himatsingka: Power of Patterns and Volume confirmation.NSE:HIMATSEIDE (1) Volume profile: Accumulation phase is running.. between 59.05 to 66.90 Levels And P.O.C. is standing at 62.70 (2) Rectangle Pattern range: 42.90 to 70 (3) Average high volume above trading. (4) Previous swing high was 70 (5) RSI entered into overbought zone today i.e 22/06/2020. It indicates bulls are active. Trade Set Up: Bullish Breakout above 70 Target : 97.05 Stop Loss : 59 (Under P.O.C.) Risk is yours and Reward is too yours totally.
NSE:HIMATSEIDELong
by Kuldeep_Share