HINDUJA GOLBAL SOLS
**TYPE - BUYING (CE) INVEST **
- ** IFB AGRO #HGS **
**WINE MAKING COMPANY** (TIME-30SEPTEMBER, ARCHIVE TARGET, RISK REWARD-1.3)
- **QUITE BREAKOUT POSSIBLE
**** BUY-750
9o SL-740
TARGET-800
**-Trade Analysis- macd and rsi 50 are quite break out ** (slow movements of buying, don't pennic, lesson SWING TRADE)
-IN TECHNICAL CHART - W PATTERN AND FINNOWACT PATTERN TO HIGHER BULLISH TARGET
RANGE OF PROFIT 101 RUPPE UP SIDE
Hindujaglobal
HGS final impulse or correction If it is an impulse it is a perfect place to accumulate and sit tight to see the impulse get over.
With strict stop of 845 we can go for buy @ current level. For impulse wave.
If it is a correction then we need to wait for the wave formation .
I’m not a sebi advisor
Before taking trade refer ur financial advisor.
This is for education purposes only.
Hinduja Global (Good Long Potential)Hinduja Global is currently down to 2800 levels. The stock is in down trend and so for those who wish to buy it (and do not want to miss it) should patiently wait for it to touch the 2650 levels. The stock can easily breach this level. Further if strong down trend on daily chart is observed then wait for it to touch 2400 levels. This would be a good place to buy for long term targets (>1 year). The stock can easily go back to 3800 levels where profits can be booked.
HGS Head and Shoulders Pattern BreakoutHi Traders / Investors ,
Probably there can be a bearish momentum in Hinduja Global Sol because of following reasons :-
1) Formation of Head and Shoulders Chart Pattern , which is mainly considered Bearish in nature.
2) It gave breakout below neckline of pattern and is retested.
3) It can fall maximum upto 32 % , as it also has a support at 2000 price level ,where prior resistance will act as a support.
4) The Head of the Pattern also has a gap of 32% from neckline , so we can also expect that it can fall upto 32 %.
This is not a trading advice ,Its just an analysis.
So don't take any decisions solely based on this.
Please give a thumbs up if liked this analysis , as it requires deep study.