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.
HGS with a good fundamental we can expect a good bull run in upcoming days.
still there may be an slight correction pending.
It may or may not take place.
Hop Success ful break out Head N Sholder Pattern.
Head and shoulders formed in 1 Day timeframe. There is more possibility for bullish . For conservative entry wait untill break out 1400 level and then go for entry.
Target is T1 1580, T2 1683, T3 1780,
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...
Hi 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...
RSI Breakout
Symmetrical Triangle Breakout
MACD Crossover
Long Consolidation seems to be over so a good move can be expected.
Above a close of 3090, the momentum will pick up.
