HIND RECTIFIER posted 21.12.2021 stock above 214 target 225 and today stock made a high 247 and closed at 235. Happy Trading to all. Tomorrow Market will be bullish.
Posted on 12.12.2021 HIND RECTIFIERS Above 202 for a Target 209 and 215 level. Today the stock has closed at 215 level and above 216 level for a target 225 is achievable. Tomorrow the nifty will go down initially and then bullish reversal will take place and market will continue to be bearish. Don't hold long positions.
Posted 12.12.2021 two scenario for Hind Rectifiers and both was for bullish break out and today the stock had hit the second resistance level 215 by making high for 214 which was the second target before closing at 208 level. Happy Trading to all.
HIND RECTIFIERS LTD as per daily chart analysis has broken the pennant pattern and there can be twos scenario. 1) the stock above 202 hit the First target 208 and retrace or 2) the stock might break resistance 209 and hit second target 214 level.
